RSE share market remains down

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RSE share market remains down

Shares remained unchanged at the Rwanda stock (RSE) markets as the bourse failed to make any deals as the index and all shares remaining constant, both closing at 146.79 and 130.60 respectively.

This has been the case for the last two weeks and experts say that this will continue to affect the bourse even when there are plans to enlist more local companies on the stock market.

Today the RSE equities and bond market was quiet. The Bank of Kigali counter closed at Frw 280 (Frw 280 previous).

The trading session recorded a total turnover of Frw 56,000 from 200 shares traded in one deal.
Crystal telecom counter closed at Frw 98 (Frw 98 previous).

The trading session recorded a total turnover of Frw 39,200 from 400 shares traded in one deal
EQTY, NMG, KCB, Bralirwa and USL counters were quiet today and last closed at Frw 334, Frw 1,200, Frw 330, Frw 174and Frw 104 respectively.

At the end of the formal trading hours, there was an outstanding bid of 1,000. Bank of Kigali shares were at Frw 275 and no offers.

On Bralirwa counter, there were outstanding offers of 556,800 shares at Frw 174 and no bids. On CTL counter, there were outstanding offers of 596,700 shares between Frw 98-106 and outstanding bids of 28,800 between Frw 90-95.

On KCB counter there was an outstanding offer of 9,700 shares at Frw 340 and no bids. On the bond market, there were outstanding bids of Frw 50,300,000 worth of bonds between Frw 101-102 and no offers.

 

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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.

More posts by | Visit the site of Ndaka

 

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