Bond market records Rwf7.2m in turnover

The Rwanda Stock Market was largely quiet with only the bond market transacting. According to the RSE daily market report for Monday, the bond market recorded a total turnover of Rwf7.2 million from Rwf7 million worth of bonds at Rwf103. The Rwanda Share Index and the All Share Index were unchanged compared to the last trading session to close at 146.50 and 130.56 points, respectively. Crystal Telecom, Bank of Kigali and Bralirwa, and all the cross-listed counters were all quiet yesterday. Crystal Telecom last traded at Rwf99, Bank of Kigali was at Rwf280, and Bralirwa at Rwf173. KCB last traded at Rwf330, while Equity Bank, NMG and Uchumi Supermarkets have not transacted any business in months and last closed at Rwf334, Rwf1,200 and Rwf104, respectively. At the end of formal trading hours, there were outstanding offers of 77,000 Bank of Kigali shares at between Rwf280 and Rwf300, and an outstanding bid for 100 shares at Rwf275. On the Bralirwa counter, there were offers of 851,800 shares at Rwf170-174, and an outstanding bid for 203,000 shares at between Rwf165 and Rwf167. Crystal Telecom received offers of 571,900 shares at 100-106 and a bid for 32,000 shares at Rwf90, while the KCB counter had an outstanding offer of 9,700 shares at Rwf340 and no bids. On bond market, there was an outstanding offer of Rwf6 million worth of bonds at between Rwf100.26 and Rwf105 and an outstanding bid for Rwf4 million worth of bonds at Rwf99.8.

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Bond market records Rwf7.2m in turnover