Rwanda Stock Exchange shares regain from slump

Rwanda Stock Exchange shares regain from slump

After spending three days with less activity, the RSE share index (RSI) went up as it reached 262.93 an increase of 0.41 points from yesterday’s index as a result of Rwf 1 appreciation in Bralirwa share price. The market recorded 1,500 Bralirwa shares valued at Rwf 669,000 in one deal compared to the previous trading session which recorded a total turnover of Rwf 445,200 from 1,000 Bralirwa shares traded in 2 deals.

The Bralirwa counter traded and closed at RwF 446, registering an increase of Rwf 1 compared to yesterday’s closing price while BoK shares price remained at Rwf 304 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 178,600 BoK shares between Rwf 300-310 and no outstanding bids. On Bralirwa counter, there were outstanding bids of 67,000 shares at Rwf 445 and outstanding offers of 158,800 shares at Rwf 450. 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 7,200 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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