RSE records high turnover

As Bralirwa shares bounce back Rwanda Stock Exchange (RSE) recorded a high turnover in yesterday’s trading session compared to Friday. According to the RSE report, the market recorded a turnover of Rwf17,801,500 from 54,900 Bralirwa shares that traded in two deals, compared to the recorded turnover of Rwf1,021,300 from 8,300 BK shares and 100 Bralirwa shares which traded in three deals on Friday.

Tuesday, January 17, 2012
As Bralirwa shares bounce backRwanda Stock Exchange (RSE) recorded a high turnover in yesterday’s trading session compared to Friday.According to the RSE report, the market recorded a turnover of Rwf17,801,500 from 54,900 Bralirwa shares that traded in two deals, compared to the recorded turnover of Rwf1,021,300 from 8,300 BK shares and 100 Bralirwa shares which traded in three deals on Friday."Bank of Kigali (BK), share price remained unchanged at Rwf119 as its counter did not record any transactions as Bralirwa shares closed at rwf325 or Rwf5 higher compared to Friday’s closing price,” the report stated.KCB shares last transacted at Rwf175 while NMG shares last transacted at Rwf1,200.At the end of formal trading hours, there were outstanding offers of 1.2 million BK shares between Rwf120 and Rwf135 and no outstanding bids.On Bralirwa counter, there was an outstanding bid of 200,000 shares at Rwf318 and outstanding offers of 28,000 shares between Rwf330 and Rwf345.