Local bourse continues to perform poorly

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Local bourse continues to perform poorly

For the third day in a row, the Rwanda stock market index went down with today’s performance seeing a fall of 0.26 points to close at 236.41 and ALSI went down 0.07 points to close at 135.77.

The Bank of Kigali counter closed at Rwf 295 (Rwf 296 previous). The trading session recorded a total turnover of Rwf 4,035,500 from 13,800 shares traded in 5 deals.

While the Bralirwa counter closed at Rwf 385 (Rwf 385 previous). The trading session recorded a total turnover of Rwf 4,247,800 from 11,000 shares traded in 6deals. No transaction recorded on KCB, NMG and Uchumi Supermarket Limited counters.

 At the end of formal trading hours, there were outstanding offers of 119,400 BK shares between Rwf 296-300 and no outstanding bids.

On Bralirwa counter, there were outstanding offers of 115,000 shares between Rwf 390-410 and outstanding bids of 45,000 shares at Rwf 365. On USL counter, there was an outstanding offer of 6,500 shares at Rwf 104 and no outstanding bids.

The RSE bond market; there was an outstanding bid of 500,000 bonds at Rwf 100 and no outstanding offers from government bonds FXD 3/2014/5yrs (RW000A1ZN2X8). There was an outstanding offer of 2,000,000 bonds at Rwf 104 and no outstanding bids.

 

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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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