Rwanda Stock Exchange shares up for grabs

 Rwanda Stock Exchange shares up for grabs

The Rwanda Stock Exchange (RSE) share index (RSI) went up 1.01 points to close at 244.13 and mainly pushed by the rising Bralirwa share price which closed at Rwf845. The Bralirwa counter traded at a high of Rwf 845 and low of Rwf 840, before closing at Rwf845, increasing by Rwf5 from yesterday’s closing price whereas BoK counter was quiet with no shares recorded.

Apparently Bank of Kigali has made its mark on the previous share index, giving the stocks a rise of up 1.11 points at 243.12 with share prices which closed at Rwf 280.

However, the market recorded 45,500 Bralirwa shares valued at Rwf38, 409,600 in eight deals compared to the previous trading session which recorded 162,800 BoK shares and 1,400 Bralirwa shares that were valued at Rwf42, 915,400 in 13 deals.

KCB shares last transacted at Rwf185 while NMG and Uchumi Supermarket shares last transacted at Rwf1, 200 and Rwf175 respectively.

At the end of formal trading hours, there were outstanding bids of 344,600 BoK shares between Rwf255-257 and outstanding offers of 145,000 shares between Rwf265-284.

On Bralirwa counter, there were outstanding offers of 33,700 shares between Rwf 850-890 and outstanding bids of 50,500 shares between Rwf838-845. On KCB counter; there were outstanding bids of 12,400 shares between Rwf174-180 and no outstanding offers.

On NMG counter; there were outstanding bids of 2,000 shares between Rwf1, 200-1320 and no outstanding offers. On USL counter; there was an outstanding offer of 1,000 shares at Rwf175 and an outstanding bid of 200 shares at Rwf160.

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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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