Activity low on the bourse, but RSI up

The  Rwanda Stock Exchange (RSE) Share Index (RSI) gained 0.26 points to close at 261.17, mainly pushed by the rising Bank of Kigali share price which closed at Rwf328.

Tuesday, April 29, 2014

The  Rwanda Stock Exchange (RSE) Share Index (RSI) gained 0.26 points to close at 261.17, mainly pushed by the rising Bank of Kigali share price which closed at Rwf328. Yesterday, 100 Bank of Kigali and 100 Uchumi Supermarket shares valued at Rwf50,300 were traded in two deals compared to the last Friday’s trading session which recorded 700 Bank of Kigali shares worth Rwf227,700. 

The Bank of Kigali counter traded and closed at Rwf328, increasing by Rwf1 from last Friday’s closing price whereas Bralirwa counter was quiet with no shares recorded. Uchumi Supermarket shares traded and closed at Rwf175, unchanged from last Friday’s closing price. 

NMG and KCB shares last transacted at Rwf1,200 and Rwf185, respectively. 

The bourse recorded outstanding offers of 202,200 Bank of Kigali shares at between Rwf328 and Rwf360 yesterday, with no bids. On Bralirwa counter, there were offers of 121,400 shares at between Rwf865 and Rwf890 and no outstanding bids. The KCB counter received bids for 5,100 shares at Rwf180, but there were no offers. 

There was a bid for 1,000 NMG shares at Rwf1,200 and no outstanding offers, while the Uchumi counter received bids for 7,300 shares at Rwf175, but no offers were on table.