Rwanda Stock Exchange shares maintains upward shot

m_Rwanda Stock Exchange shares maintains upward shot

The RSE share index (RSI) continued to go up as it reached 257.66 an increase of 1.03% from yesterday’s index as a result of a Rwf 10 appreciation in BK share price.

The RSE market recorded a total turnover of Rwf 183,551,500 from 606,900 BK shares traded in 14 deals compared to yesterday’s trading session which resulted in a turnover of Rwf 304,449, 000 from 356,000 Bralirwa shares and 2,100 BK shares traded in 9 deals.

BK shares traded between Rwf 280 and Rwf 320 closing at Rwf 320 thus an increase of Rwf10 from yesterday’s closing price.

Bralirwa shares price remained at Rwf 860 as no transaction took place on its counter. On the other hand KCB , NMG, and Uchumi Supermarket’s shares last transacted at Rwf 185, Rwf 1200 and Rwf 175 respectively.

At the end of formal trading hours, there were outstanding bids of 1,060,100 BK shares between Rwf 280 and Rwf 300 and no outstanding offers.

On BRALIRWA counter, there was an outstanding bid of 100 shares at Rwf 845 and outstanding offers of 44,900 shares between Rwf 860 and Rwf 890.

On KCB counter; there were outstanding bids of 12,500 shares between Rwf 170-180 and no outstanding offer. On NMG counter, there was an outstanding bid of 1,000 shares at Rwf 1,200 and no outstanding offer. On the counter of Uchumi Supermarket, there was an outstanding offer of 5,000 shares at Rwf 175 and no 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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