Bourse largely quiet on Monday

Crystal Telecom was the only active counter yesterday, trading 800 shares worth Rwf84,000 on a low day at the Rwanda Stock Exchange (RSE). The RSE daily market report for Monday indicates that the counter closed at Rwf105, unchanged from the previous trading session on Friday. This is the same as the IPO price and follows a poor run by the counter in the past few weeks.

Monday, October 19, 2015

Crystal Telecom was the only active counter yesterday, trading 800 shares worth Rwf84,000 on a low day at the Rwanda Stock Exchange (RSE). The RSE daily market report for Monday indicates that the counter closed at Rwf105, unchanged from the previous trading session on Friday. This is the same as the IPO price and follows a poor run by the counter in the past few weeks.

 All the other local and cross-listed counters were quiet yesterday.

The RSE Share Index and All SHare Index remained constant yesterday to close at 172.81 and 133.83 points, respectively.

The Bank of Kigali and Bralirwa counters closed at Rwf280 and Rwf240, respectively. The KCB counter was unchanged, closing at Rwf330. Equity Bank, NMG and Uchumi Supermarkets counters closed at Rwf334, Rwf1,200 and Rwf104, respectively.

Bank of Kigali received outstanding offers of 354,700 shares at between Rwf280 and Rwf305, but there were no buyers, while the Bralirwa counter got offers of 434,400 shares at between Rwf239 and Rwf268 and no bids. On Crystal Telecom counter, there were outstanding offers of 436,700 shares at between Rwf105 and Rwf115 and no bidders.

Meanwhile, on the RSE bond market there was an outstanding bid for Rwf27 million worth of bonds at between Rwf99.5 and Rwf102, and an outstanding offer of Rwf1 million worth of bonds at Rwf102.