The Rwanda Stock Exchange (RSE) Share Index shed 1.91 points to close at 116.98 points yesterday, while All Share Index went down 0.24 points to 126.90 points, the daily market report indicates. The drop was driven by a Rwf5 decline on Bralirwa counter that closed at Rwf135, from Rwf140 during the previous trading session on Thursday.

The beverages firm recorded a total turnover of Rwf499,500, from 3,700 shares traded in two deals during the session.

Crystal Telecom realised over Rwf11.6 million from 145,500 shares traded in five deals. The counter closed at Rwf80 unchanged from Thursday’s closing share price.

The other equity counters were quiet, and Bank of Kigali closed at Rwf228; Equity Bank was at Rwf334; NMG at Rwf1,200; KCB closed at Rwf330, while Uchumi Supermarkets was at Rwf104.

At the end of the formal trading hours, on Bank of Kigali counter there was an outstanding offer of 257,000 shares at Rwf228 and no bids. On Bralirwa counter there were outstanding offers of 34,700 shares between Rwf140 and Rwf143 and an outstanding bid for 34,700 shares at Rwf135.

Crystal Telecom had over 1.2 million shares on offer, at 88, but there were no interested investors.

Meanwhile, 2.012 million shares worth Rwf432.6 million were traded in 29 deals this week compared to 4.8 million shares that changed hands in 27 deals last week, realising close to Rwf1.1 billion in turnover. This indicates a 60.42 per cent decline in value terms or Rwf660.5 million compared to last week’s total turnover.

The market capitalisation also dropped to over Rwf2.740 trillion, down from Rwf2.745 trillion on Friday last week.