Market records dip in turnover, share price

The Rwanda Stock Exchange (RSE) recorded a slump in both turnover and share price for Bralirwa in yesterday’s trading compared to the previous trading.

The Rwanda Stock Exchange (RSE) recorded a slump in both turnover and share price for Bralirwa in yesterday’s trading compared to the previous trading.

According to RSE market report, the total turnover for Monday was Rwf49,461,900 from Bank of Kigali (BK) counter which traded 5,400 shares at Rwf129 in one deal and Bralirwa counter that traded 131,500 shares in ten deals between Rwf370 and Rwf372.

Last Friday, the market had registered a total turnover of Rwf900,120,500 from 4,500 BK shares and 2,404,600 Bralirwa shares traded in seven deals.

“After the trading session, BK share price remained unchanged from last Friday’s closing price of Rwf129 and Bralirwa share price closed down Rwf4 at Rwf370,” the report said.

KCB shares last transacted at Rwf140 while NMG shares last transacted at Rwf1,200.

At the end of formal trading hours, there were outstanding bids of 2, 050,200 BK shares at Rwf125 and Rwf126 and outstanding offers of 689,800 shares between Rwf130 and Rwf132.

On Bralirwa counter, there were outstanding bids of 40,600 shares between Rwf365 and Rwf370 and an outstanding offer of 100,000 shares at Rwf380.

 

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