RSE Report: Large Volumes moved, but share-prices remain unchanged

It was a day of constants at the Rwanda Stock Exchange (RSE), as the share-prices of the dominant movers and shakers – BRALIRWA and Bank of Kigali (BK) – both remained unchanged.

Both beverage maker BRALIRWA and banking stalwart Bank of Kigali closed at Rwf 800 and Rwf 200 each, while Nation Media Group and Kenya Commercial Bank shares were also unchanged at Rwf 1,200 and Rwf 169 respectively.

The RSE share index (RSI) followed suit, remaining unchanged compared to the previous trading session’s mark of 214.57.

Total turnover for the day was the lone bright spot, standing at Rwf 40,326,000 from 120,400 BK shares and 20,600 BRALIRWA shares traded in 11 deals compared to yesterday’s trading session (Wednesday) which recorded a total turnover for the day was Rwf 25,791,400 from 72,300 BK shares and 14,900 BRALIRWA shares traded in 14 deals.

At the end of formal trading hours, there were outstanding bids of 13,100 BK shares between Rwf 183-186 and outstanding offers of 1,420,100 at Rwf 200. On the BRALIRWA counter, there were outstanding offers of 106,600 shares between Rwf 800 – 818 and no outstanding bids.

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