RSE share index hits low

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RSE share index hits low

At the close of the business week, the RSE share index (RSI) went down 4.04 points to close at 214.56 and mainly caused by the falling Bralirwa share price which closed at Rwf 809.

The total turnover for the day was Rwf 11,487,800 from 51,400 BoK shares and 2,000 Bralirwa shares traded in six deals compared to the previous trading session which recorded a total turnover of Rwf 440,400 from 2,300 BoK shares traded in five deals.

BoK shares traded between Rwf 192-195 and closed at Rwf 195, unchanged from yesterday’s closing price whereas Bralirwa counter traded and closed at Rwf 809, translating into a decline of Rwf 20 compared to yesterday’s closing price.

KCB shares last transacted at Rwf 175 while NMG and Uchumi Supermarket shares last transacted at Rwf 1,200 and Rwf 175 respectively.

At the end of formal trading hours, there were outstanding offers of 650,300 BoK shares between Rwf 195-210 and an outstanding bid of 152,400 shares at Rwf 192. On Bralirwa counter, there were outstanding offers of 1,515,600 shares between Rwf 820-890 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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