Bank of Kigali shares down on RSE

Bank of Kigali shares down on RSE

The Rwanda Stock Exchange share index (RSI) went down 0.26 to close at 263.05 and mainly caused by the falling Bank of Kigali {BoK} share price which closed at Rwf 329.

The total turnover for the day was Rwf 7,878,200 from 4,000 BoK shares and 7,500 Bralirwa shares traded in five deals compared to the previous trading session which recorded a total turnover of Rwf 47,532,600 from 146,000 BoK shares traded in six deals.

BoK shares traded between Rwf 329-330 and closed at Rwf 329, translating into a decline of Rwf 1 compared to yesterday’s closing price whereas Bralirwa counter traded between Rwf 870-875 and closed at Rwf 875, unchanged from yesterday’s closing price. 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 offers of 20,700 BoK shares between Rwf 331-350 and outstanding bids of 21,300 shares between Rwf 315-328. On Bralirwa counter, there was an outstanding offer of 26,400 shares at Rwf 890 and outstanding bids of 20,300 shares between Rwf 865-875.

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 offer. On USL counter; there was an outstanding offer of 5,000 shares at Rwf 175 and no outstanding bids.

This week the RSE market activity was higher compared to the previous week’s trading session. The total turnover for this week was Rwf 359,950,800 from 500,500 BoK shares and 222,900 Bralirwa shares traded in 34 deals compared to the last week’s trading session which recorded a total turnover of Rwf 289,652,900 from 729,500 BoK shares and 60,000 Bralirwa shares traded in 30 deals.

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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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