Bralirwa pushes Rwanda Stock Exchange recovery

Bralirwa pushes Rwanda Stock Exchange recovery

The Rwanda Stock Exchange RSE share index (RSI) went up 1.49 to close at 263.31 and mainly pushed by the rising Bralirwa share price which closed at Rwf 875.

Bank of Kigali (BoK) shares traded between Rwf 330-333 and closed at Rwf 330, translating into a decline of Rwf 2 compared to yesterday’s closing price whereas Bralirwa counter traded and closed at Rwf 875, registering an increase of Rwf 10 from yesterday’s closing price.

Today, the RSE market recorded a total turnover of Rwf 96,369,200 from 109,300 Bralirwa shares and 2,200 BoK shares traded in three deals compared to the previous trading session which recorded a total turnover of Rwf 3,512,400 from 1,200 BoK shares and 3,600 Bralirwa shares traded in three deals.

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 301,400 BoK shares between Rwf 300-319 and an outstanding offer of 12,500 shares at Rwf 350.

On Bralirwa counter, there were outstanding offers of 26,900 shares between Rwf 880-890 and outstanding bids of 84,500 shares between Rwf 865-870.

On KCB counter; there were outstanding bids of 12,500 shares between Rwf 174-180 and no outstanding offers.

On NMG counter; there was an outstanding bid of 1,000 shares at Rwf 1,200 and no outstanding offers. On USL counter; there was an outstanding offer of 5,000 shares at Rwf 175 and no outstanding bids. There was a Government bond, FXD1/2014/3YRS bid worth Rwf 100 million at the price of 99.627 and there were no 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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