Rwanda bourse goes down

Rwanda bourse goes down

The Rwanda Stock Exchange share index (RSI) went down 1.31 points to close at 241.51 and mainly caused by the falling BoK share price which closed at Rwf270.

BoK shares traded between Rwf265-273 and closed at Rwf270, translating into a decline of Rwf5 compared to yesterday’s closing price whereas Bralirwa counter traded between Rwf 840-845 and closed at Rwf 845, unchanged from yesterday’s closing price.

Today, the market recorded 476,400 BoK shares and 700 Bralirwa shares valued at Rwf129, 185,600 in eleven deals compared to the previous trading session which recorded a total turnover of Rwf1, 354,329,700 from 5,015,400 BoK shares and 1,000 USL shares traded in seven deals.

KCB shares last transacted at Rwf 185 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 80,600 BoK shares between Rwf265-269 and outstanding offers of 511,100 shares between Rwf270-285.

On Bralirwa counter, there were outstanding offers of 43,800 shares between Rwf845-890 and no outstanding bids. On KCB counter; there were outstanding bids of 12,500 shares between Rwf170-180 and no outstanding offers.

On NMG counter; there were outstanding bids of 1,000 shares at Rwf1, 200 and no outstanding offers. On USL counter; there was an outstanding offer of 3,000 shares at Rwf175 and no outstanding bids.

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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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