Uchumi gets good head start in Rwanda

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Uchumi gets good head start in Rwanda

On the second day of trading on Rwanda stock market, the Kenyan based company, Uchumi supermarket has managed to season bids with its counter getting an outstanding bid of 10,000 shares at Rwf 165 and no outstanding offers.

On Bralirwa counter, there were outstanding offers of 1,199,000 shares between Rwf 839-890 and no outstanding bids. While the KCB counter; there was an outstanding bid of 5,000 shares at Rwf 180 and no outstanding offers.

Today, the RSE share index (RSI) went down 0.20 points to close at 216.68 and mainly caused by the falling Bralirwa share price which closed at Rwf 839.

 

The total turnover for the day was Rwf 15,151,000 from 60,400 BoK shares and 5,100 Bralirwa shares traded in five deals compared to the previous trading session which recorded a total turnover of Rwf 3,852,200 from 13,000 BoK shares and 1,800 Bralirwa shares traded in three deals.

 

BoK shares traded and closed at Rwf 180, unchanged from yesterday’s closing price whereas Bralirwa counter traded between Rwf 839-840 and closed at Rwf 839, translating into a decline of Rwf 1 compared to yesterday’s closing price.

 

KCB shares last transacted at Rwf 175 while NMG and Uchumi Supermarket shares last transacted at Rwf 1,200 and Rwf 175 respectively. At the end of formal trading hours, there were outstanding offers of 301,800 BoK shares between Rwf 183-197 and no outstanding bids.

 

 

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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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