Rwanda Stock Exchange affected by fall in domestic shares

m_Rwanda Stock Exchange affected by fall in domestic shares

Today, the Rwanda Stock Exchange market recorded a total turnover of Rwf 2, 664,800 from 2,600 Bralirwa shares and 1,300 Bank of Kigali {BoK} shares traded in seven deals compared to yesterday’s trading session which recorded 100 BoK shares and 100 Uchumi Supermarket shares valued at Rwf 50,300 in two deals.

The RSE share index (RSI) went down by 1.01 points to close at 260.16 resulting from a decrease in domestic stocks share prices.

BoK shares traded and closed at Rwf 327, translating into a decline of Rwf 1 compared to yesterday’s closing price whereas Bralirwa counter traded and closed at Rwf 862, translating into a decline of Rwf 5 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 181,800 BoK shares between Rwf 327-350 and no outstanding bids.

On Bralirwa counter, there were outstanding offers of 81,000 shares between Rwf 865-890 and outstanding bids of 15,000 shares at Rwf 840.

While 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 bids of 7,300 shares at Rwf 175 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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