BK shares Hit Hard Snag on Local Bourse

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Both Rwanda stock index and all shares went down 1.05 and 0.15 point then closed at 124.31 and 127.79 respectively.

Today on RSE market only a few equities changed hands while the bonds market was quiet.

Bank of Kiagli (BK) counter was the hardest hit as it closed at Frw 245 (Frw 250 previous). The trading session recorded a total turnover of Frw 24,500 from 100 shares traded in 1 deal.

The equities counters closed as follows: I&M bank Rwanda: Frw 105; Crystal Frw 90; Blariwa Frw 140; Equity Frw 334; Nation media Group Frw 1200; KCB: Frw 330 and Uchumi at Frw104.2.

At the end of the formal trading hours, on BK counter there were outstanding offers of 39,100 shares between Frw 245-255 and no bids. On BLR counter there were outstanding offers of 260,600 shares between Frw 136-140 and no bids.

On CTL counter, there was an outstanding offer of 10,000 shares at Frw 95 and no bids. On IMR counter, there were outstanding bids of 15,600 shares between Frw 95-105 and outstanding offers of 164,500 shares between Frw 107- 110.

On the bond market, there was an outstanding bid of Frw 400,500,000 worth of bonds between Frw 102-104 and no offers.

 

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