The Bank of Kigali was the only active counter on the Rwanda Stock Exchange (RSE) yesterday, the daily market report for Tuesday indicates. The bond market was quiet. 

The bank recorded a total turnover of Rwf20.7 million from 73,800 shares traded in four deals, a day after it announced a new CEO.

Dr Diane Karusisi will replace James Gatera who has been at the helm of the lender since 2007. The counter closed at Rwf280.

The Rwanda Share Index and All Share Index were also constant, closing at 146.79 and 130.60 points, respectively. Meanwhile, the other counters were quiet, with Equity Bank closing at Rwf334, NMG was at Rwf1,200 and KCB at Rwf330. Crystal Telecom was unchanged at Rwf98, Bralirwa closed at Rwf174, and Uchumi Supermarkets at Rwf104. There were outstanding offers of 1,700 shares at the Bank of Kigali counter at Rwf290 and no bids, while Bralirwa received offers of 211,200 shares at Rwf174.

Crystal Telecom got 1.117 million shares between Rwf98 and Rwf106, but investors were willing to pay between Rwf90 and Rwf96 for just 49,500 shares. On the KCB counter, there was an offer of 9,700 shares at Rwf340.

On the bond market, there were outstanding bids for Rwf50.3 million worth of bonds, ranging from Rwf101-Rwf102, but there were no offers.