Rwanda Stock Exchange trading resumes in high gear

 Rwanda Stock Exchange trading resumes in high gear

The Rwanda Stock Exchange share index (RSI) went up 2.54 points to close at 263.84 and mainly pushed by the rising Bralirwa and Bank of Kigali {BoK} share price which closed at Rwf 875 and Rwf 332 respectively. There was no formal trading on the RSE counters as the week started on Monday.

The BoK counter traded at a high of Rwf 332 and low of Rwf 325, before closing at RwF 332, increasing by Rwf 2 from yesterday’s closing price whereas Bralirwa counter traded and closed at Rwf 875, registering an increase of Rwf 10 compare to yesterday’s closing price.

The market recorded 61,000 BoK shares and 500 Bralirwa shares valued at Rwf 20,276,800 in five deals compared to the previous trading session which recorded a total turnover of Rwf 22,157,500 from 25,000 Bralirwa shares and 1,100 BoK shares traded in five deals.

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 103,600 BoK shares between Rwf 335-360 and outstanding bids of 1,004,300 shares between Rwf 300-330.

On Bralirwa counter, there were outstanding bids of 24,500 shares between Rwf 865-875 and no outstanding offers. 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 Rwf1,200 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 Bonds bids worth Rwf 100,500,000 between the prices of 99.627 and 102 and there was an offer valued Rwf 3 million at the price of 105.254.

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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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