All the local firm’s counters were active yesterday despite the low performance in terms of value and volumes. 

According to the Rwanda Stock Exchange (RSE) daily market report for Monday, Crystal Telecom recorded a total turnover of Rwf1.5 million from 21,300 shares traded in five deals at Rwf70, unchanged from Friday’s closing price. 

The Bank of Kigali counter shed RWf1, to close at Rwf279, down from Rwf280 previously. The lender realised a total turnover of Rwf55,800 from 200 shares traded in one deal, while Bralirwa recorded a total turnover of Rwf170,000 from 1,000 shares traded in three deals. The beverages maker closed at Rwf170 unchanged from Friday. 

The Rwf1 drop in Bank of Kigali share price led to a decline in both the Rwanda Share Index and the All Share Index. The Rwanda Share Index dropped 0.25 points, closing at 142.18 points, while the ALSI was down 0.03 points to close at 130.03 points. 

Last week, the bourse recorded Rwf1.2 million, a Rwf17.3 million drop in value, from Rwf18.5 million the previous week. Only 7,100 shares exchanged hands over the week compared to 232,300 shares that were transacted during the week ended July 1.

Meanwhile, Equity Bank was at Rwf334, NMG at Rwf1,200, while KCB closed at Rwf330, and Uchumi Supermarkets was at Rwf104. At the end of the formal trading hours, there were outstanding offers of 782,400 shares on the Bank of Kigali counter at between Rwf279 and Rwf289, and an outstanding bid for 100,000 shares at Rwf265. 

Bralirwa had offers of 164,600 shares at Rwf170; while there were outstanding offers of 204,300 shares on the Crystal Telecom counter at between Rwf70 and Rwf75, and KCB received an offer of 9,700 shares at Rwf340. 

Equity got an outstanding offer of 150,000 shares at Rwf334.