RSE bounces back, trading 84,800 shares

Rwanda Stock Exchange yesterday recorded a turnover of Rwf 84,800 from 100 Bralirwa shares traded in one deal. This was a significant comeback from last Monday’s lull when the market stayed quiet.

Rwanda Stock Exchange yesterday recorded a turnover of Rwf 84,800 from 100 Bralirwa shares traded in one deal. This was a significant comeback from last Monday’s lull when the market stayed quiet.

Bralirwa shares opened and closed at Rwf848 up by Rwf4 from last Monday’s trading session. Bank of Kigali (BK) counter remained quiet with no shares traded.

BK shares had however closed at Rwf 245 last Friday, having declined by Rwf 4 compared to the previous Monday’s closing price of Rwf 249.

The fall in the bank’s share price also led to a 0.25 decline in the value of RSE share index from 235.8 points last Monday to yesterday’s 235.55 points.

Kenya Commercial Bank shares last transacted at Rwf 185 while Nation Media Group and Uchumi Supermarket shares last transacted at Rwf 1,200 and Rwf 175 respectively.

At the end of formal trading hours, there were outstanding offers of 51,800 BK shares between Rwf 245-250 and an outstanding bid of 500 shares at Rwf 224.

On the Bralirwa counter, there were outstanding offers of 717,100 shares between Rwf 847-890 with no outstanding bid.

While on the Kenya Commercial Bank counter; there were outstanding bids of 12,400 shares between Rwf 175-180 and no outstanding offers.

At the Nation Media Group counter; there was an outstanding bid of 1,000 shares at Rwf1, 200 and with outstanding offers.

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