Crystal Telecom shed Rwf2 to close at Rwf96, down from Rwf98 on Friday on a largely slow day at the Rwanda Stock Exchange (RSE) yesterday, the daily market report indicates. 

The firm recorded a total turnover of Rwf38,400 from 400 shares traded in one deal during the trading session.

The Bank of Kigali counter closed at Rwf280, unchanged from Friday’s closing share price.

The lender recorded a total turnover of Rwf4.2 million from 15,000 shares traded in one deal.

The RSE Rwanda Share Index and All Share Index went down by 0.20 and 0.03 points to close at 146 and 130.57, respectively, driven by the decline in Crystal Telecom’s share price.

Other counters on the equities market were quiet, with Bralirwa closing at Rwf174, Equity Bank was at Rwf334, NMG at Rwf1200, while the KCB counter was at Rwf330 and USL was at Rwf104.

At the end of the formal trading hours, Bank of Kigali had outstanding offers of 3,700 shares at between Rwf290 and Rwf300 and an outstanding bid for 5,000 shares at Rwf280. Bralirwa received offers of 221,000 shares at Rwf174, but investors were willing to buy 15,000 shares at Rwf161.

On Crystal Telecom counter, there were offers of over 2.7 million shares at between Rwf95 and Rwf108 and an outstanding bid of 49,100 shares at a low of Rwf90. The KCB counter got an outstanding offer of 9,700 shares at Rwf340 and no bids.

On the bond market, there were outstanding bids for Rwf50.3 million worth of bonds at between Rwf101 and Rwf102, but there were no offers.