Rwanda Stock Exchange bourse slows in activity

Rwanda Stock Exchange bourse slows in activity

The Rwanda Stock Exchange share index (RSI) remained at 262.30 Bank of Kigali {BoK} and Bralirwa shares prices remained unchanged from yesterday’s closing prices of Rwf 330 and Rwf 870, respectively.

Yesterday, the RSE share index (RSI) went down 1.62 points to close at 262.30 resulting from a drop in Bank of Kigali (BoK) share price which closed at Rwf 330.

Today the market had no transaction compared to yesterday’s trading session which recorded a total turnover of Rwf 17,433,000 from 52,300 BoK shares and 200 Bralirwa shares traded in 7 deals.

KCB shares last transacted at Rwf 185 while NMG and Uchumi Supermarket shares last transacted at Rwf 1,200 and Rwf 170 respectively. At the end of formal trading hours, there were outstanding offers of 321,900 BoK shares between Rwf 328-350 and an outstanding bid of 1,000 shares at Rwf 306.

On Bralirwa counter, there were outstanding offers of 120,800 shares between Rwf 865-890 and no outstanding bids. On KCB counter; there were outstanding bids of 5,100 shares between Rwf 175-180 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 2,000 shares at Rwf 175 and an outstanding bid of 100 shares at Rwf 170.

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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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