BoK, Bralirwa lock-in on Rwanda Stock Exchange shares

BoK, Bralirwa lock-in on Rwanda Stock Exchange shares

The Rwanda Stock Exchange [RSE] share index (RSI) went up 1.74 points to close at 264.93 and mainly pushed by the rising Bralirwa and Bank of Kigali (BoK) share price which closed at Rwf447 and Rwf310 respectively.

The shares index performed poorly the previous day going down by 0.94 points to close at 263.19 resulting from a decrease in domestic stocks share prices.

The market recorded 85,900 BoK shares and 3,200 Bralirwa shares valued at Rwf27, 436,700 in 14 deals compared to the previous trading session which recorded a total turnover of Rwf22, 709,900 from 61,100 BoK shares and 9,600 Bralirwa shares traded in twelve deals.

The BoK counter traded at a high of Rwf310 and low of Rwf300, before closing at Rwf310, increasing by Rwf5 from yesterday’s closing price whereas Bralirwa counter traded at a high of Rwf450 and low of Rwf446, before closing at Rwf447, increasing by Rwf1 from yesterday’s closing price.

KCB shares last transacted at Rwf185 while NMG and Uchumi Supermarket shares last transacted at Rwf 1,200 and Rwf175 respectively. At the end of formal trading hours, there were outstanding offers of 89,200 BoK shares between Rwf309-330 and no outstanding bids.

On Bralirwa counter, there were outstanding bids of 35,400 shares between Rwf 445-446 and outstanding offers of 51,400 shares between Rwf450-490.

On KCB counter; there were outstanding bids of 5,100 shares between Rwf175-180 and no outstanding offers. On USL counter; there was an outstanding offer of 7,200 shares at Rwf175 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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