31 March 2014

Rwanda: Bourse Records Over Rwf203 Million in Turnover

The Rwanda Stock Exchange (RSE) recorded a total turnover of Rwf203.3m from 213,100 Bralirwa and 50,000 Bank of Kigali shares traded in eight deals. This compares to the previous trading session which recorded a total turnover of Rwf7.9m from 4,000 Bank of Kigali and 7,500 Bralirwa shares traded in five deals.

The RSE share index dropped 0.52 points to close at 262.53 points, mainly due to the declining Bank of Kigali share price, which closed at Rwf327.

The Bank of Kigali counter traded at a high of Rwf327 and low of Rwf315, closing at Rwf327, a decline of Rwf2 compared to the last Friday's closing price.

The Bralirwa counter traded at between Rwf878 and Rwf875, before closing at Rwf875, unchanged from last Friday's closing price. KCB, NMG and Uchumi Supermarket's shares last transacted at Rwf185, Rwf1,200 and Rwf175, respectively.

Yesterday, there were outstanding offers of 173,700 Bank of Kigali shares at between Rwf330 and Rwf350 and no bids. On the Bralirwa counter, there was an offer of 26,400 shares at Rwf890 and bids for 20,200 shares at between Rwf865 and Rwf875.

The KCB counter had bids of 12,500 shares at between Rwf174 and Rwf180 and no offers, while the NMG counter had an outstanding bid of 1,000 shares at Rwf1,200 and no offer. On the Uchumi, there was an outstanding offer of 5,000 shares at Rwf175 and no outstanding bids.

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