RSE closes on positive note

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Today January the Rwanda Stock Exchange (RSE) turnover increased slightly as the trading session recorded a turnover of Rwf 17,801,500 from 54,900 BRALIRWA shares traded in 2 deals – closing the day on very positive note.

On Friday January 13, the market had recorded a turnover of Rwf 1,021,300 from 8,300 Bank of Kigali (BK) shares and 100 BRALIRWA shares traded in 3 deals.

Bank of Kigali share price remained unchanged at Rwf 119 as its counter did not record any transactions as Bralirwa shares closed at rwf 325 or Rwf 5 higher compared to Friday’s closing price. Kenya Commercial Bank (KCB) shares last transacted at Rwf 175 while Nation Media Group (NMG) shares last transacted at Rwf 1,200.

At the end of formal trading hours, there were outstanding offers of 1.2 million BK shares between Rwf 120 and Rwf 135 and no outstanding bids.  On BRALIRWA counter, there was an outstanding bid of 200,000 shares at Rwf 318 and outstanding offers of 28,000 shares between Rwf 330 and Rwf 345.

For a daily report, access the Rwanda Stock Market which a live feeder at http://www.rse.rw.

RSE closes on positive note

Traders busy on the floor of the RSE located on fifth floor of Ecobank building

 

 

 

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About the author

Mr. Sina is the Managing Partner & Chief Editor of RwandaEye. After completing his post-graduation from the Faculty of Economics and Management, National University of Rwanda,he worked in various consulting capacities for equity and business firms in Kigali. A shrewd strategist, he is an Economic Pundit, entrepreneur and Investment Banker.

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