Rwanda : Slow start to the week at the RSE

The Rwanda Stock Exchange market started off the week on a low, recording just one single transaction the entire day.

The sole transaction was that of Bank of Kigali shares, which totaled a turnover of Rwf 104,000 from 800 shares, traded in one deal.

This makes Friday’s trading session which recorded a turnover of Rwf 383,200 from 2,900 BK shares traded in four deals, also initially thought to be a slow day, bloated in comparison.

BK share price traded and closed at Rwf 130, translating into a decline of Rwf 6 from last Friday’s closing price while BRALIRWA remained unchanged from last Friday’s closing price of Rwf 391. KCB and NMG shares last transacted at Rwf 140 and Rwf 1,200 respectively.

Tomorrow is however another day, with outstanding bids of 1,700,000 BK shares at Rwf 129 logged with an outstanding offer of 100,000 shares at Rwf 136. On the BRALIRWA counter, there were outstanding bids of 15,500 shares at Rwf 370 and no outstanding offers.

Stock	Previous Price	Current Price (Rwf)
BRALIRWA	391	391
Bank of Kigali	136	130
Kenya Commercial Bank (KCB)	140	140
Nation Media Group (NMG)	1,200	1,200

http://rwandaeye.com/2012/09/rwanda-slow-start-week-rse/