Rwanda Stock Exchange bourse stalls

Rwanda Stock Exchange bourse stalls

For the second day into the week, the Rwanda Stock Exchange (RSE) share index (RSI) remained unchanged compared to the previous trading session of 233.94, as the two giants Bank of Kigali {BoK} – the country’s biggest local bank and Bralirwa-the country’s sole beverage company made no significant improvement.

The total turnover for the day was Rwf 6,748,000 from 27,200 BoK shares and 100 Bralirwa shares traded in six deals compared to the previous trading session which recorded a total turnover of Rwf 6,492,500 from 26,500 BoK shares traded in three deals.

Both BoK and Bralirwa share prices traded and closed at Rwf 245 and Rwf 840 respectively, unchanged 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 210,700 BoK shares between Rwf 249-250 and outstanding bids of 6,736,300 shares between Rwf 234-245.

On Bralirwa counter, there were outstanding offers of 112,400 shares between Rwf 840-890 and no outstanding bids. 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. On USL counter; there was an outstanding offer of 1,000 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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