Rwanda Stock Exchange hits low in genocide commemoration week

Rwanda Stock Exchange hits low in genocide commemoration week

This week the Rwanda Stock Exchange market activity was lower compared to the previous week’s trading session. The total turnover for this week was Rwf 96,336,400 from 277,600 Bank of Kigali {BoK}shares and 2,100 Bralirwa shares traded in 35 deals compared to the last week’s trading session which recorded a total turnover of Rwf 404, 021,100 from 376,000 BoK shares and 320,700 Bralirwa shares traded in 45 deals.

The RSE share index (RSI) went down 3.94 points to close at 266.54 resulting from a drop in BoK share price which closed at Rwf 350.

The RSE market recorded a total turnover of Rwf 29,252,500 from 84,600 BK shares traded in six deals compared to yesterday’s trading session which recorded in a turnover of Rwf 1,851,300 from 5,400 BK shares traded in nine deals.

 BK shares traded between Rwf 340 – 350 before closing at Rwf 350, translating into a decline of Rwf 15 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 offers of 384,700 BoK shares between Rwf 350-365 and no outstanding bids.

On Bralirwa counter, there were outstanding offers of 99,100 shares between Rwf 874-890 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 Rwf 170 respectively, and no outstanding offers.

Tags:

 

About the author

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.

More posts by | Visit the site of Ndaka

 

0 Comments

You can be the first one to leave a comment.

Leave a Comment