Rwanda Stock Exchange bourse slows down

m_Rwanda Stock Exchange bourse slows down

The Rwanda Stock Exchange share index (RSI) remained unchanged compared to the previous trading session of 261.82. The total turnover for the day was Rwf 28,075,000 from 8,500 BoK shares and 29,200 Bralirwa shares traded in four deals compared to the previous trading session which recorded a total turnover of Rwf 6,257,100 from 18,900 BoK shares traded in ten deals.

The RSE share index (RSI) went up with Bank of Kigali giving the bourse a good head start with the share index (RSI) going up 2.55 points to close at 257.44 and went up 3.86 points to close at 261.30 on Monday and Tuesday respectively.

Today, BoK shares traded between Rwf 330-332 and closed at Rwf 332, unchanged from yesterday’s closing price whereas Bralirwa counter traded and closed at Rwf 865, 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 bids of 679,500 BoK shares between Rwf 300-330 and an outstanding offer of 12,500 shares at Rwf 350.

On Bralirwa counter, there were outstanding offers of 26,900 shares between Rwf 875-890 and outstanding bids of 143,500 shares between Rwf 855-865. On USL counter; there was an outstanding offer of 5,000 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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