Market registers low trade

Trading at Rwanda Stock Market (RSE) stagnated in yesterday’s trading with the market recording a turnover of Rwf276,076,300 up from Rwf443,228,200 in the previous trading.   Bank of Kigali attracted 2,043,000 shares coupled with Bralirwa’s 14,300 which traded in 13 deals compared to the previous day’s trading session which recorded a turnover of Rwf443,228,200 from 1,037,400 BK shares and 984,900 Bralirwa shares traded in 11 deals.

Trading at Rwanda Stock Market (RSE) stagnated in yesterday’s trading with the market recording a turnover of Rwf276,076,300 up from Rwf443,228,200 in the previous trading.  

Bank of Kigali attracted 2,043,000 shares coupled with Bralirwa’s 14,300 which traded in 13 deals compared to the previous day’s trading session which recorded a turnover of Rwf443,228,200 from 1,037,400 BK shares and 984,900 Bralirwa shares traded in 11 deals.

According to RSE’s daily market report, BK shares closed at Rwf130 translating into a decline of Rwf1 from Monday’s closing price

“Bralirwa share price did not change from yesterday’s closing price of Rwf315. KCB and NMG shares last transacted at Rwf175 and Rwf1,200, respectively,” the report stated.

At the end of formal trading hours, there were outstanding offers of 1,034,800 BK shares between Rwf130 and Rwf136 and no bids. On Bralirwa counter, there were outstanding offers of 20,800 shares at Rwf315 and 500 shares at Rwf325 and no bids. 

Ends

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