Bond market records Rwf1m

The bond market recorded Rwf1 million from 100,200 worth of bonds traded in one deal at Rwf100.2, the Rwanda Stock Exchange (RSE) daily market report for Monday indicates.

Monday, October 10, 2016

The bond market recorded Rwf1 million from 100,200 worth of bonds traded in one deal at Rwf100.2, the Rwanda Stock Exchange (RSE) daily market report for Monday indicates.

According to the report, Bank of Kigali counter gained Rwf5 to close at Rwf268 compared to Rwf263 on Friday. The lender earned a total turnover of Rwf447,700 yesterday from 1,700 shares traded in three deals.

Crystal Telecom pushed 800 shares worth Rwf56,000 in three deals. The firm closed at Rwf70, unchanged from the previous trading session. The appreciating Bank of Kigali counter pushed up both the Rwanda Share Index and the All Share Index that went up 1.25 and 0.16 points to close at 129.07 and 128.40 points, respectively.

Meanwhile, the other equity counters were quiet. Bralirwa closed at Rwf143, Equity Bank at Rwf334, NMG was at Rwf1,200, while KCB closed at Rwf330 and Uchumi Supermarket at Rwf104. At the end of the formal trading hours, Bank of Kigali had outstanding offers of over 2.3 million shares between Rwf264 and rwf280, while Bralirwa registered offers of 42,000 shares between Rwf143 and Rwf144, and on the Crystal Telecom counter, there were outstanding offers of 450,000 shares between Rwf70 and Rwf77. However, all three counters did not get any bids.

On the bond market, there was an outstanding offer of Rwf6.5 million worth of bonds at Rwf106, but investors were willing to acquire 51.5 million worth of bonds for between Rwf100.1 and Rwf104.