Rwanda Stock Exchange bourse recovers from slump

Rwanda Stock Exchange bourse recovers from slump

The Rwanda Stock Exchange (RSE) share index (RSI) went up 2.72 points to close at 264.26 and mainly pushed by the rising Bralirwa and BoK share price which closed at Rwf 446 and Rwf 309 respectively.

The market recorded 13,600 BoK shares and 212,000 Bralirwa shares valued at Rwf 98, 530,000 in eight deals compared to the previous trading session which recorded a total turnover of 140, 760,700 from 455,300 BoK shares and 1,200 Bralirwa shares traded in five deals.

The BoK counter traded at a high of Rwf 309 and low of Rwf 308, before closing at RwF 309, increasing by Rwf 1 from yesterday’s closing price whereas Bralirwa counter traded at a high of Rwf 446 and low of Rwf 445, before closing at Rwf446, increasing by Rwf 6 from yesterday’s closing price.

KCB shares last transacted at Rwf 185 while NMG and Uchumi Supermarket shares last transacted at Rwf 1,200 and Rwf 175 respectively.

 At the end of formal trading hours, there were outstanding offers of 152,000 BoK shares between Rwf 308-330 and no outstanding bids. On Bralirwa counter, there were outstanding bids of 40,000 shares between Rwf 440-445 and no outstanding offers.

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.

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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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