No business at the RSE

No shares were traded yesterday at the Rwanda Stock Exchange, with the All Share Index (ASI) remaining unchanged at 218.64 points from Friday’s trading session.

No shares were traded yesterday at the Rwanda Stock Exchange, with the All Share Index (ASI) remaining unchanged at 218.64 points from Friday’s trading session.

However, this represented a decline of 0.26 points compared to the previous Monday’s closing ASI of 218.9 points, hence capping a week of low business.

On Friday, 93,100 Bank of Kigali and 1.5 million Bralirwa shares worth Rwf 1.3b were recorded compared to the 7,300 Bank of Kigali shares valued at Rwf1.3m traded in four deals the previous Monday.

Bank of Kigali and Bralirwa share prices remained unchanged from last Friday’s closing price of Rwf179 and Rwf850, respectively. Kenya Commercial Bank shares last transacted at Rwf175, while Nation Media Group shares last transacted at Rwf1,200.

At the end of formal trading hours, there were outstanding offers of 394,100 Bank of Kigali shares between Rwf179 and Rwf196 and no outstanding bids.

On Bralirwa counter, there were outstanding offers of 1.3 million shares at between Rwf849 and Rwf890 and no outstanding bids.

On the Kenya Commercial Bank counter, there was an outstanding bid of 5,000 shares at Rwf180 and no outstanding offers.

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