Rwanda bourse fails to take off

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For the second day in a row, the Rwanda stock market index and all shares remained constant to close at 189.44 and 141.36 respectively.

Crystal telecom counter was quiet today and closed at Frw 120. The last trading session recorded a total turnover of Frw 1,978,600 from 16,500 shares traded in 3 deals.

Bank of Kigali counter closed at Frw 280 (Frw 280 previous). The trading session recorded a total turnover of Frw 34,412,000 from 122,900 shares traded in 2 deals.

Bralirwa counter was quiet today and close Frw 280. The last trading session recorded a total turnover of Frw 2,149,000 from 7,700 shares traded in 2 deals.

The Equity counter was quiet today and closed at Frw 334. The last trading session recorded a total turnover of Frw 334,000 from 1,000 shares traded once.

KCB counter was quiet today and closed at Frw 370. The last trading session recorded a total turnover of Frw 555,000 from 1,500 shares traded once. No transaction recorded on NMG and USL counters.

At the end of formal trading hours, there were outstanding offers of 244,000 BK shares between Frw 285-305 and an outstanding bid of 5,000 shares between Frw 277-280.

On Bralirwa counter, there were outstanding offers of 1,020,300 shares between Frw 280-311 and no bids.

On KCB counter there were an outstanding offer of 600 shares at Frw 333 and no bids. On CTL counter there were outstanding offers of 874,000 shares between Frw 120- 130 and no bids.

On the RSE bond market there were an outstanding offer of Frw 8,200,000 worth of bonds between Frw 101 and Frw 105 and no bids.

 

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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