Bourse quiet as poor run persists

The poor run at the Rwanda Stock Exchange continued yesterday, with all the listed firms exchanging no shares, according to the bourse daily trading report for Monday.

Monday, June 01, 2015

The poor run at the Rwanda Stock Exchange continued yesterday, with all the listed firms exchanging no shares, according to the bourse daily trading report for Monday. 

The RSE Share Index closed at 223.76 points yesterday, down from 224.02 points last Monday, mainly as a result of a Rwf1 drop in Bank of Kigali share price during the week. The counter was quoted at Rwf289 yesterday from Rwf290 last Monday, while Bralirwa was unchanged at Rwf358.

At the end of formal trading hours, there was an outstanding offer of 150,900 Bank of Kigali shares at between Rwf285 and Rwf296 and no bids.

On the Bralirwa counter, there was an offer of 301,900 shares at between Rwf350 and Rwf380, but there were no buyers. On the bond market, there was an outstanding offer of 3,500,000 for government bonds FXD 4/2014/7yrs (RW000A1ZTAM0) at between Rwf100 and Rwf106 and no bids. There was an outstanding offer of 13,500,000 for government bond FXD1/2014/3yrs (RW000A1VE4S9) at between Rwf100.5 and Rwf106, but no buyers. The (FXD3/2014/5yrs) bond received an offer of 5,000,000 at Rwf100.