Bank of Kigali counter gains marginally

The Bank of Kigali counter gained marginally yesterday, pushing up both Rwanda Stock Exchange (RSE) Share Index by 0.25 points to close at 145.98points, while the All Share Index rose 0.03 points to 130.50 points, respectively. According to the RSE daily market report for Monday, Bank of Kigali went up by Rwf1 to close at Rwf280 yesterday, up from Rwf279 on Friday. The counter recorded a total turnover of Rwf5.3 million from 19,100 shares traded in one deal during session. Bralirwa, the other active counter, recorded a total turnover of Rwf974,400 from 5,600 shares traded in one deal. The brewer traded and closed at Rwf174, unchanged from Friday’s close. The other counters on the bourse were quiet yesterday. Crystal Telecom closed at Rwf90, Equity Bank was at Rwf334, NMG at Rwf1,200, while KCB closed at Rwf330, and Uchumi Supermarkets was at Rwf104. There were outstanding offers of 184,600 shares at Bank of Kigali counter, ranging from Rwf279-Rwf290 and no bids. Bralirwa received bids for 430,000 shares at Rwf163, but shareholders could offer only 300 shares at Rwf174. On the Crystal Telecom counter, there were outstanding offers of 407,700 shares at between Rwf90 and Rwf99, and a bid for 86,500 shares at Rwf81. KCB got an offer of 9,700 shares at Rwf340, but there were no investors. On the bond market, there was an outstanding bid for 500,000 worth of bonds at Rwf100 and no offers. business@newtimes.co.rw

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Bank of Kigali counter gains marginally