Bank of Kigali maintains lead on Rwanda Stock Exchange bourse

 Bank of Kigali maintains lead on Rwanda Stock Exchange bourse

The Rwanda Stock Exchange share index (RSI) continued to go up as it reached 270.48 an increase of 0.39% from yesterday’s index as a result of a Rwf 4 appreciation in Bank of Kigali (BK) share price. Yesterday the banks also had an increase of 1.08% as a result of a Rwf11 appreciation its share price.

The RSE market recorded a total turnover of Rwf 1,851,300 from 5,400 BK shares traded in nine deals compared to yesterday’s trading session which recorded in a turnover of Rwf 51,579,500 from 152,000 BK shares traded in 13 deals.

BK shares traded between Rwf 340 – 365 before closing at Rwf 365 thus an increase of Rwf4 from yesterday’s closing price. Bralirwa shares price remained at Rwf 865 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 19,000 BoK shares at Rwf 325 and outstanding offers of 84,700 shares between Rwf 375-390. On Bralirwa counter, there were outstanding offers of 98,600 shares between Rwf 875890 and no outstanding bids.

 On KCB counter; there were outstanding bids of 12,500 shares between Rwf 175-180 and no outstanding offers. On NMG and USL counter; there were outstanding bids of 1,000 and 100 shares at Rwf 1,200 and Rwf170 respectively, and no outstanding 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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