30 April 2012

Rwanda: Shares to Trade Low On Rse

The Rwanda Stock Exchange (RSE) recorded a low turnover on Friday last week compared to Thursday's trading session.

The total turnover for the day was Rwf6,506,300 from 3,100 BK shares and 19,000 BRALIRWA shares traded in six deals compared to Thursday, where a turnover of Rwf31,590,000 from 195,000 BK shares and 22,200 BRALIRWA shares traded in four deals.

BK shares traded at 121 and 125, and closed at Rwf125, unchanged from the previous price closing price while BRALIRWA shares traded between 320 and 325 and closed at Rwf325. KCB and NMG shares last transacted at Rwf 135 and Rwf1,200, respectively.

At the end of formal trading hours, there were outstanding offers of 844,300 BK Shares at 125 and 498,500 outstanding bids at Rwf121. On the BRALIRWA counter, there was an outstanding bid of 81,300 shares at Rwf320 with no outstanding offers.

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