Bourse share index up by 1.3 points

The Rwanda Stock Exchange (RSE) was largely quiet yesterday with Bank of Kigali as the only active counter.

The Rwanda Stock Exchange (RSE) was largely quiet yesterday with Bank of Kigali as the only active counter. The counter closed at Rwf295, up from Friday’s closing price of Rwf290 per share, yesterday’s RSE daily market report indicates. This was, however, a Rwf1 drop from Rwf296 on Monday last week. The bank realised Rwf88,500 from 300 shares traded in one deal.

The RSE Share Index declined marginally to 234.36 points on weekly basis, down from 234.63 points last Monday. It however went up by 1.33 points to close at 234.36 compared to Friday, while the All Share Index went up slightly by 0.16 points to close at 137.30.

The Bralirwa counter was unchanged at Rwf380 yesterday, same as most of the past week.

On a weekly basis, the total turnover for the week at the end of trading on Friday stood at Rwf677.6 million from over 2.3 million shares. This was a decline in value and volumes compared to the previous week, where close to eight million shares worth Rwf2.4 billion were traded.

There were outstanding offers of 129,300 Bank of Kigali shares at between Rwf295 and Rwf315 and no outstanding bids. On the Bralirwa counter, there were outstanding offers of 304,600 shares at between Rwf380 and Rwf390 and no bids. Uchumi Supermarkets got an outstanding offer of 6,500 shares at Rwf104, there were no buyers.

The Equity Bank counter received an outstanding offer of 70,000 shares at between Rwf430 and Rwf432 and no bids.

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