Business low at bourse

Trading at the Rwanda Stock Exchange (RSE) bourse has started off the year at a slower pace compared to how it was towards the end of last year, yesterday’s market statement indicates.

Monday, January 05, 2015

Trading at the Rwanda Stock Exchange (RSE) bourse has started off the year at a slower pace compared to how it was towards the end of last year, yesterday’s market statement indicates.

A total of 900 Bank of Kigali (BK) shares were traded yesterday at Rwf 300 each, raking in Rwf 270,000 in turnover. While on the Bralirwa counter 1,000 shares were traded in three deals at Rwf 380 each raking in Rwf 374,800.

Compared to last Monday, the two counters traded less with BK having traded 319,000 shares worth Rwf 94.2 million.

Bralirwa traded 10,100 shares last Monday in five deals worth Rwf 3.7 million.

However, the firms’ share prices increased during the week leading to a 5.57 points increase of the RSE Share Index (RSI).

BK’s share price increased from Rwf 295 last Monday to Rwf 300 yesterday while Bralirwa’s share price increased from Rwf 370 last Monday to Rwf 380 yesterday.

The RSI closed at 236.77 points yesterday.