Rwanda stocks record little activity

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Rwanda stocks record little activity

The today’s Rwanda stock Exchange (RSE) market recorded a total turnover of Rwf 73,893,700 from 161,300 shares of Bralirwa and 4,300 BK shares traded in 12 deals in regard of the last market trading session which recorded a total turnover of Rwf 120,776,000 from 268,300 shares of Bralirwa traded in 4 deals.

Rwanda share index (RSI) went up 0.67 points to close at 263.44. Bralirwa shares traded between Rwf 450-460 and closed at Rwf 460 up compared to the yesterday closing price, whereas BK traded between Rwf 284-289 and closed at Rwf286, increased compare to the last trading closing price.

On the other hand KCB, NMG and Uchumi Supermarket shares last transacted at Rwf 185, Rwf 1200 and Rwf 175 respectively.

At the end of formal trading hours, there were outstanding offers of 136,700 BK shares between Rwf 286-315 and no outstanding bids. On Bralirwa counter, there were outstanding offers of 19,000 shares at Rwf 460 and an outstanding bid of 1,000 shares at Rwf 445.

On KCB counter there was an outstanding bid of 100 shares at Rwf 175 and no outstanding offers then on the side of Uchumi Supermarket there was an outstanding offer of 6,900 shares at Rwf 175 and no outstanding bid.

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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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