RWANDA OTC MARKET REPORT: Week ended 04 December 2009

Equity Market Last week recorded a turnover of Rwf48,000 from 300 KCB shares traded in one transaction at the price of Rwf 160. The KCB shares remained at Rwf 160. At the end of the session, 8,515 shares were on offer and no buyers. On the Nairobi Stock Exchange, KCB shares traded in the same range this week as the previous week. KCB shares a hit low of 19.75 Kshs (Rwf151) on Tuesday and a high of 20.75 Kshs (Rwf159) to close at 20.00 Kshs (Rwf153) on Wednesday. The volumes continued to be low throughout the week. At the close of business on Wednesday, the NSE All share closed down - 0.09 points to close at 70.93. DSE (Dares Salaam Stock Exchange and USE (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