Bank of Kigali recorded a total turnover of Rwf17.7 million from 63,300 shares traded in two deals during yesterday’s trading session. 

According to the Rwanda Stock Exchange (RSE) daily market report, the counter closed at Rwf280, unchanged from Friday’s closing share price. The RSE Rwanda Share Index and the All Share Index were also constant shed or gained value, closing at 145.98 and 130.50 points, respectively.

Bralirwa and Crystal Telecom, the other local firms listed on the bourse were quiet, with the beverages firm closing at Rwf174 and Crystal Telecom at Rwf90. The bonds market was also quiet. Cross-listed counters extended their inactive spell. And Equity Bank was at Rwf334, NMG closed at Rwf1,200, KCB at Rwf330, while Uchumi Supermarkets closed at Rwf104.

The Bank of Kigali counter received outstanding offers of 93,700 shares at between Rwf290 and Rwf300 yesterday, but investors were will to buy 100,000 shares at Rwf280. Bralirwa got outstanding offers of 208,800 shares at Rwf174 and an outstanding bid for 15,000 shares at Rwf161, while there were outstanding offers of 730,400 shares, ranging from Rwf90-Rwf99 at the Crystal Telecom counter, no bids were recorded. On KCB counter, there was an outstanding offer of 9,700 shares at Rwf340 and no bids. On the bond market, there were outstanding bids of Rwf5.3 million worth of bonds at between Rwf97 and Rwf102, but there were no investor willing to sell.

Meanwhile, The Rwf15 billion government Treasury bond will be listed on RSE today. The TB under the government’s quarterly issuance programme attracted mainly retail investors and was oversubscribed by 226.1 per cent.