Rwanda Stock Exchange share index goes up

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m_Rwanda Stock Exchange share index goes up

There was a positive outlook at the local bourse on Tuesday as the RSE share index (RSI) went up 1.2 points to close at 253.06, which   was as a result of an increase of Bralirwa share price which closed at Rwf458.

This saw the total turnover for the day closing at Rwf6, 342,000 from 13,900 Bralirwa shares traded in 5 deals, compared to the yesterday’s trading session which recorded a total turnover of Rwf20, 840,700 from 200 BK shares and 45,700 Bralirwa shares traded in 11 deals.

The Bank of Kigali-BK counter remained quiet as it indicated no change from yesterday’s closing price of Rwf250 whilst Bralirwa counter showed some impressive trading with a rise as it traded between Rwf454-458 and closing at Rwf458 up compared to the yesterday’s closing price.

Whilst, on the other hand KCB,NMG and Uchumi Supermarket shares last transacted at Rwf185 ; 1,200 and Rwf175 respectively.

At the end of formal trading hours, there were outstanding offers of 76,200 BK shares between Rwf250-275 and no outstanding bids.

 On Bralirwa counter, there were outstanding offers of 63,900 shares between Rwf460-465 and outstanding bids of 156,900 shares between Rwf450-454.

The local bourse today showed an impressive trading as compared to the previous days where it had been down day on day.



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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