RSE share index, turnover drop

The Rwanda Stock Exchange (RSE) Share Index (RSI) dropped 0.2 points to close at 198.98 yesterday, mainly due to the falling Bralirwa share price, which closed at Rwf749.

The Rwanda Stock Exchange (RSE) Share Index (RSI) dropped 0.2 points to close at 198.98 yesterday, mainly due to the falling Bralirwa share price, which closed at Rwf749.

The total turnover for the day was Rwf10,620,600 from 14,200 Bralirwa shares traded in seven deals compared to the previous trading session, which recorded a turnover of Rwf1,373,245,000 from 7,983,100 Bank of Kigali shares and 2,100 Bralirwa shares traded in 16 deals.

Bralirwa shares traded between Rwf747 and Rwf749 before finally closing at Rwf749, translating into a decline of Rwf1 compared to the last Friday’s closing price. The Bank of Kigali counter was quiet and remained unchanged from last Friday’s closing price of Rwf180. KCB shares last transacted at Rwf169, while NMG shares last transacted at Rwf1,200.

At the end of trading, there were outstanding bids of 10,300,000 Bank of Kigali shares for between Rwf170 and Rwf171 and outstanding offers of 150,900 shares at Rwf180. On the Bralirwa counter, there were outstanding bids of 88,000 shares for between Rwf745 and Rwf747 and no outstanding offers.

 

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