Rwanda Stock Exchange trade week hits low end

Rwanda Stock Exchange trade week hits low end

This week the Rwanda Stock Exchange market activity was lower compared to the previous week’s trading session. The total turnover for this week was Rwf 289,652,900 from 729,500 Bank of Kigali {BoK} shares and 60,000 Bralirwa shares traded in 30 deals compared to the last week’s trading session which recorded a total turnover of Rwf 614,052,900 from 1,578,100 BoK shares and 115,000 Bralirwa shares traded in 22 deals.

Today, the RSE share index (RSI) also went down 0.53 to close at 263.31 and mainly caused by the falling BoK share price which closed at Rwf 330.

The day’s total turnover was Rwf 30,042,100 from 4,600 BoK shares and 32,600 Bralirwa shares traded in seven deals compared to the previous trading session which recorded a total turnover of Rwf 214,488,500 from 656,500 BoK shares and 1,200 Bralirwa shares traded in ten deals.

BoK shares traded and closed at Rwf 330, translating into a decline of Rwf 2 compared to yesterday’s closing price whereas Bralirwa counter traded between Rwf 870-876 and closed at Rwf 875, unchanged from yesterday’s closing price.

On the other hand KCB, NMG, and Uchumi Supermarket’s shares last transacted at Rwf 185, Rwf 1200 and Rwf 175 respectively.

At the end of formal trading hours, there were outstanding offers of 109,100 BoK shares between Rwf 330-350 and no outstanding bids.

On Bralirwa counter, there was an outstanding offer of 26,400 shares at Rwf 890 and outstanding bids of 98,800 shares between Rwf 865-875. On KCB counter; there were outstanding bids of 12,500 shares between Rwf 174-180 and no outstanding offers.

On NMG counter; there was an outstanding bid of 1,000 shares at Rwf 1,200 and no outstanding offer. On USL counter; there was an outstanding offer of 5,000 shares at Rwf 175 and no outstanding bids.

There was a Government bond, FXD1/2014/3YRS Bonds bids worth Rwf 100,500,000 between the prices of 99.627 and 102 and there was an offer valued Rwf 3 million at the price of 104.254.



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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