Bond market rakes in Rwf50.5m

The bond market realised Rwf50.5 million during yesterday’s trading from Rwf50 million worth of bonds traded in one deal at Rwf101, the Rwanda Stock Exchange (RSE) daily market report for Monday indicates.

Monday, December 19, 2016

The bond market realised Rwf50.5 million during yesterday’s trading from Rwf50 million worth of bonds traded in one deal at Rwf101, the Rwanda Stock Exchange (RSE) daily market report for Monday indicates.

Crystal Telecom counter closed at Rwf80, unchanged from Friday’s closing share price. The counter recorded a total turnover of Rwf22.9 million from 286,300 shares traded in three deals. The other local equities counters were closed and so were the cross-listed firms.

Bank of Kigali closed at Rwf228; Bralirwa was at Rwf135; Equity Bank at Rwf334; NMG was at Rwf1,200, while KCB closed at Rwf330 and Uchumi Supermarkets was at Rwf104.

Both Rwanda Share Index and All Share Index remained unchanged, closing at 116.98 and 126.90 points, respectively. At the end of the formal trading session, there were outstanding offers of 305,500 shares on the Bank of Kigali counter at Rwf228 and no bids. Bralirwa received offers of 38,600 shares, ranging from Rwf140 to Rwf143 and outstanding bids for 39,000 shares at Rwf135. Crystal Telecom got outstanding offers of 1,240,000 shares going for between Rwf85 and Rwf88, but investors were willing to acquire 500,000 shares at Rwf80.

On the bond market, there was an outstanding offer of Rwf28 million worth of bonds at Rwf101 and no buyers. Meanwhile, the market capitalisation was over 2.740 trillion, unchanged from Friday.