RSE records high turnover

Rwanda Stock Exchange (RSE) yesterday recorded a very active trading session with a total turnover of Rwf31,148,700 compared to Rwf1,808,400 in the previous trading. According to RSE market report, the Bank of Kigali counter recorded a turnover of 236,200 shares while 1,300 Bralirwa shares traded in nine deals compared to the recorded turnover from 6,900 BK shares and 3,000 Bralirwa shares that traded in only three deals in Monday’s trading.

Wednesday, November 23, 2011
Stockbrokers at the trading floor of RSE .The New Times / T. Kisambira

Rwanda Stock Exchange (RSE) yesterday recorded a very active trading session with a total turnover of Rwf31,148,700 compared to Rwf1,808,400 in the previous trading.

According to RSE market report, the Bank of Kigali counter recorded a turnover of 236,200 shares while 1,300 Bralirwa shares traded in nine deals compared to the recorded turnover from 6,900 BK shares and 3,000 Bralirwa shares that traded in only three deals in Monday’s trading.

During the trading session, prices of BK shares slipped by Rwf2 closing at Rwf130 compared to the previous day’s trading session while Bralirwa’s share price increased by Rwf3 compared to Monday’s trading closing at Rwf303.

However KCB and NMG remained unchanged as they last transacted at Rwf175 and Rwf1,200, respectively.

The BK counter had outstanding offers of 571,600 shares between Rwf132 and Rwf40 with no bids while Bralirwa counter had outstanding bids of 90,000 shares between Rwf300 and Rwf302 and outstanding offers of 10,000 shares at Rwf314 and 500 shares at Rwf325.
 
Saul.butera@newtimes.co.rw