Rwanda bourse remains slow

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The Rwanda stock markets and all shares indexes remained unchanged for the fourth day in row as both closed at 146.79 and 130.60 respectively.

Only the stocks equities changed hands but the 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 4,704,000 from 16,800 shares traded in 4 deals.

While the EQTY, CTL, BRL, NMG, KCB and USL counters were quiet today and last closed at Frw 334, Frw 98, Frw 174, Frw 1,200, Frw 330, and Frw 104 respectively.

At the end of the formal trading hours, there were outstanding offers of 28,800 BK shares between Frw 280-300 and an outstanding bid of 1,000 shares at Frw 275.

 On Bralirwa counter, there were outstanding offers of 491,800 shares at Frw 174 and no bids. On CTL counter, there were outstanding offers of 1,003,500 shares between Frw 98-106 and outstanding bids of 28,700 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.

 

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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