The index for local counters dropped 1.08 points yesterday to close at 132.40 points compared to 133.48 on Friday. According to the Rwanda Stock Exchange (RSE) daily market report, the Rwanda Share Index was down 0.81 per cent during the trading, while bourse benchmark index, ALSI, shed 0.07 points or 0.05 per cent, closing at 133.05, a marginal decline from 133.12 points the previous session.

The fall for both indices is attributable to a Rwf5 drop in Bank of Kigali share value, which closed at Rwf285 down from Rwf290 during the previous trading session on Friday. The lender recorded a total turnover of Rwf199,500 from 700 shares transacted in one deal during a low activity trading session yesterday.

The RSE market capitalisation dropped to Rwf2.927 trillion yesterday down from Rwf2.930 trillion on Friday. The other equity counters closed as follows: Crystal Telecom Rwf69; Bralirwa Rwf150; I&M Bank Rwf95; Equity Rwf350; NMG Rwf1,200; KCB Rwf340, and Uchumi Supermarket Rwf104.

On bond market, Rwf93.9 million worth of bonds was traded in two deals at between Rwf103.3 and Rwf104.94.

The FXD4/2016/3-year Treasury bond pushed Rwf18.9 million worth of bonds at 104.94, the FXD3/2017/5-year government paper sold Rwf75 million worth of TBs at Rwf103.3.