Rwanda Stock Exchange performance hits high

Rwanda Stock Exchange performance hits high

 This week the Rwanda Stock Exchange {RSE} market activity was higher compared to the previous week’s trading session. The total turnover for this week was Rwf 252,070,600 from 162,300 Bank of Kigali {BoK} shares and 253,800 Bralirwa shares traded in 26 deals compared to the last week’s trading session which recorded a total turnover of Rwf 181,484,500 from 22,900 BoK shares and 209,900 Bralirwa shares traded in 17 deals.

Today on RSE, the market recorded 55,600 BoK shares and 202,000 Bralirwa shares valued at Rwf 183, 019,800 in 11deals compared to the previous trading session which was inactive with no trades recorded. The RSE share index (RSI) went up 0.21 points to close at 232.63 and mainly pushed by the rising Bralirwa share price which closed at Rwf 840.

BoK shares traded and closed at Rwf 240, unchanged from yesterday’s closing price whereas Bralirwa counter traded between Rwf 839-840 and closed at Rwf 840, registering an increase of Rwf 1 compared to yesterday’s closing price.

KCB shares last transacted at Rwf 185 while NMG and Uchumi Supermarket shares last transacted at Rwf 1,200 and Rwf 175 respectively. At the end of formal trading hours, there were outstanding offers of 28,700 BoK shares at Rwf 250 and outstanding bids of 3,335,300 shares between Rwf 230-240.

On Bralirwa counter, there were outstanding offers of 149,900 shares between Rwf 845-890 and outstanding bids of 195,600 shares between Rwf 830-840. On KCB counter; there were outstanding bids of 12,400 shares between Rwf 175-180 and no outstanding offers. On NMG counter; there was an outstanding bid of 1,000 shares at Rwf 1,200 and no outstanding offers.

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Olive Ndaka is the Junior Editor for RwandaEye. An investor and young entrepreneur, she is a quick learner and has contributed many articles for RwandaEye in Kinyarwanda.

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