Bond market records Rwf2.9m turnover

The Rwanda Share Index and All Share Index were unchanged to close at 129.95 and 128.51 points, respectively. Today on RSE market both equities and bond markets changed hands.

Monday, September 26, 2016

The Rwanda Share Index and All Share Index were unchanged to close at 129.95 and 128.51 points, respectively. Today on RSE market both equities and bond markets changed hands.

On bond market Rwf2.9 million worth of bonds traded in one deal at Rwf100.2, realising Rwf2.91 million. 

Crystal Telecom was the only active equity counter and closed at Rwf70, unchanged from Friday closing share price. The firm recorded a total turnover of Rwf210,000 from 3,000 shares traded in one deal.

The other equities counters were quiet and Bank of Kigali closed at Rwf270, Bralirwa at Rwf144, and Equity Bank was at Rwf334, while NMG closed at Rwf1,200, KCB at Rwf330, and the Uchumi Supermarkets counter was at Rwf104. 2 yesterday.

There were outstanding offers of 2.3 million shares between Rwf265 and Rwf280 at the Bank of Kigali counter, while Bralirwa had an offer of 5,300 shares at Rwf144 and Crystal Telecom got outstanding offers of 200,900 shares between Rwf70 and Rwf77. However, none of the counters received any bids.

On the bond market, there was an outstanding offer of 6.5 million worth of bonds at Rwf106, but investors were willing to acquire 17.9 million worth of bonds at a lower price of between Rwf100.2 and Rwf104.