Rwanda Stock Exchange remains inactive at year start

Rwanda Stock Exchange remains inactive at year start

As the business community starts recovering from the festive season, slow business activity has today January 2, 2014, been noticed in the general public with less movement in the commercial zones.

The RSE share index (RSI) remained unchanged compared to the previous trading session of 232.42 as the market was quiet today with no trades recorded in comparison to 105,900 BoK shares and 46,700 Bralirwa shares worth Rwf 64,580700 recorded the previous day.

BK and Bralirwa shares prices remained unchanged from last Tuesday’s closing price of Rwf 240 and Rwf 839 respectively.

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 26,700 BoK shares at Rwf 250 and outstanding bids of 3,335,300 shares between Rwf 230-240.

On Bralirwa counter, there were outstanding offers of 110,700 shares between Rwf 839-890 and an outstanding bid of 45,600 shares at Rwf 830.

On KCB counter; there were outstanding bids of 12,400 shares between Rwf 175-180 and no outstanding offers. On NMG counter; there was an outstanding bid of 1,000 shares at Rwf 1,200 and no outstanding offers.

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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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