Rwanda Stock Exchange stagnates as ADfB meeting kicks off

Rwanda Stock Exchange stagnates as ADfB meeting kicks off

The Rwanda Stock Exchange share index (RSI) remained unchanged compared to the last Friday trading session of 259.59. The total turnover for the day was Rwf 27, 692,000 from 32,200 Bralirwa shares traded in 3 deals compared to the last Friday trading session which recorded a total turnover of Rwf 84, 667,300 from 8,600 Bank of Kigali [BoK] shares and 95,300 Bralirwa shares traded in nine deals.

The 49th ADfB meetings kicked off today at Kigali Serena village with various discussion sessions focused on how Africa’ economy needs to be transformed in the next 50 years.

 Bralirwa shares traded and closed at Rwf 860, unchanged from last Friday’s closing price whereas BoK counter was quiet with no shares recorded. 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 235,500 BoK shares between Rwf 316-330 and outstanding bids of 600 shares at Rwf 310. On Bralirwa counter, there were outstanding offers of 73,400 shares between Rwf 860-890 and no outstanding bids. On KCB counter; there were outstanding bids of 5,100 shares between Rwf 175-180 and no outstanding offers. On USL counter; there was an outstanding offer of 7,300 shares at Rwf 175 and no outstanding bids.

 

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.

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