Turnover surge on RSE as shares remain stable

The Rwanda Stock Exchange (RSE) recorded an increase in turnover during yesterday’s trading session compared to the previous session.

The Rwanda Stock Exchange (RSE) recorded an increase in turnover during yesterday’s trading session compared to the previous session.

According to RSE daily report, Thursday’s trading session shot-up to Rwf206,693,400 from Rwf40,623,200 in Wednesday’s session.

“The market was very active as today’s (Thursday) trading session recorded a turnover of Rwf206,693,400 from 1,456,300 BK shares and 89,400 Bralirwa shares traded in 14 deals compared to Wednesday’s trading session which recorded a turnover of Rwf40,623,200 from 331,100 BK shares and 1,000 Bralirwa shares traded in 10 deals,” the report stated.

“BK shares traded and closed at Rwf122, unchanged from the previous trading session closing price while Bralirwa shares traded between Rwf320 and Rwf325 and closed at Rwf325, also unchanged from the previous closing price.”

KCB and NMG shares last transacted at Rwf175 and Rwf1,200 respectively.

At the end of formal trading hours, there were outstanding offers of 195,200 BK shares between Rwf125 and Rwf130 and outstanding bids of 1,941,300 shares between Rwf119 and Rwf122.

On Bralirwa counter, there were outstanding offers of 67,300 shares at Rwf325 and no outstanding bids.

saul.butera@newtimes.co.rw

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