Low activity on the bourse

The bond market pushed Rwf3 million worth of bonds at Rwf103.7 traded in one deal, the Rwanda Stock Exchange daily market report indicates. The equity market was quiet. Consequently, the benchmark All Share Index was unchanged yesterday to close at 124.44 points, while the index (for local counters) closed at 116.67 points.

Friday, July 21, 2017

The bond market pushed Rwf3 million worth of bonds at Rwf103.7 traded in one deal, the Rwanda Stock Exchange daily market report indicates. The equity market was quiet. Consequently, the benchmark All Share Index was unchanged yesterday to close at 124.44 points, while the index (for local counters) closed at 116.67 points.

There were, however, offers on the four local counters. The Bank of Kigali counter received an outstanding bid for 10,500 shares at Rwf245, equity holders were willing to sell 1,000 shares at Rwf250.

Bralirwa had outstanding offers of 26,400 shares between Rwf125 and Rwf135, while Crystal Telecom got offers of 411,800 shares, ranging from Rwf70 to Rwf75, and I&M Bank received outstanding offers of 936,900 shares between Rwf95 and Rwf104, but all the three counters did not get any bids.

On the bond market, there were outstanding offers of Rwf3.2 million worth of bonds at Rwf104, but there were no interested investors.

The equity counters closed as follows: Bank of Kigali Rwf250; Bralirwa Rwf125; I&M Bank Rwf95; Crystal Telecom Rwf70; Equity Bank Rwf320; NMG Rwf1,200; KCB Rwf330; and Uchumi Supermarkets at Rwf104.