RWANDA OTC MARKET REPORT, Week ended November 27, 2009

Equity Market Last week the OTC market recorded a turnover of Rwf96,000 from 600 KCB shares traded in two transactions at the price of Rwf 160. The KCB shares remained at Rwf160. At the end of the session, 8,815 shares were on offer and no buyers. On the Nairobi Stock Exchange, KCB shares traded in a slightly lower range this week compared to the previous week although the share price remained the same at the closing of business as last week. KCB shares a hit low of Ksh19.75 (Rwf151) on Tuesday and a high of Ksh20.75 (Rwf159) to close at Ksh20.00 (Rwf153) on Thursday. The volumes continued to be low throughout the week. At the close of business on Thursday, the NSE All share index rose 0.53 points to close at 72.08. Dar-es-Salaam Stock Exchange and Uganda Securities Exchange did not trade KCB shares. The Bond Market: On the bond market no transactions were recorded. At the close of the business, Rwf 2 billion worth of Government bonds were on offer (sellers) at Rwf 99.8 and there were two bids (buyers) of Rwf 2 billion and Rwf 5 million for the same bonds at 94.00 and 97.80, respectively. There were also BCR bank bonds worth Rwf 150 million on offer at Rwf 100.50. Ends