Rwanda Bourse trade week closes at low end

Ikimoteri cy’isoko rya Kinigi giteye inkenke abagituriye

The total turnover for this week was Rwf374,233,000 from 887,400 BoK shares ; 167,600 Bralirwa shares and 6,600 USL shares traded in 61 deals compared to the last week’s trading session which recorded a total turnover of Rwf828,254,600 from 2,146,100 BoK shares ; 341,800 Bralirwa shares and 2,000 USL shares traded in 41 deals.

The Rwanda Stock Exchange share index (RSI) went down 2.63 points to close at 242.82 and was mainly caused by the falling BoK share price which closed at Rwf275.

The total turnover for the day was Rwf52, 715,600 from 38,200 BoK shares and 50,400 Bralirwa shares traded in eight deals compared to the previous trading session which recorded a total turnover of Rwf 179, 555,200 from 458,400 BoK shares; 68,700 Bralirwa shares and 200 USL shares traded in 15 deals.

BoK shares traded between Rwf 265-275 and closed at Rwf 275, translating into a decline of Rwf10 compared to yesterday’s closing price whereas Bralirwa counter traded and closed at Rwf 845, unchanged from yesterday’s closing price. KCB shares last transacted at Rwf 185 while NMG and Uchumi Supermarket shares last transacted at Rwf1,200 and Rwf175 respectively.

At the end of formal trading hours, there were outstanding bids of 159,700 BoK shares between Rwf260-265 and outstanding offers of 551,700 shares between Rwf275-285.

On Bralirwa counter, there were outstanding offers of 34,900 shares between Rwf 850-890 and outstanding bids of 50,500 shares between Rwf838-845. On KCB counter; there were outstanding bids of 12,500 shares between Rwf170-180 and no outstanding offers.

On NMG counter; there were outstanding bids of 2,000 shares between Rwf1, 200-1320 and no outstanding offers. On USL counter; there was an outstanding offer of1, 000 shares at Rwf175 and no outstanding bids. This week the RSE market activity was lower compared to the previous week’s trading session.



About the author

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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