Local bourse shares remain high

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m_Local bourse shares remain high

The Rwanda Stock Exchange share index (RSI) went up 2.66 points to close at 260.23 resulting from the rising BK share price which closed at Rwf300.

The total turnover for the day was Rwf1,171,000 from 4,000 BK shares traded in 3 deals, compared to the last trading session which recorded a total turnover of Rwf4,603,400 from 12,700 BK shares and 2,200Bralirwa shares traded in 7 deals.

The BK counter traded between Rwf290-300 and closed at Rwf300, registering an increase of Rwf10 compared to the last closing price whereas Bralirwa counter was quite with no shares recorded.

On the other hand KCB, NMG and Uchumi Supermarket shares last transacted at Rwf 185, Rwf1,200 and Rwf104 respectively.

At the end of formal trading hours, there were outstanding bids of 4,100 BK shares between Rwf270-276 and outstanding offer of 13,000 shares between Rwf300-310.

On Bralirwa counter, there were outstanding offers of 456,700 shares between Rwf439-455 and no outstanding bids. On Uchumi Supermarket counter, there were outstanding offers of 6,500 shares at Rwf104 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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