RWANDA OTC MARKET REPORT : Friday, October 23, 2009

Equity Market THIS week Rwf 45,900 from 300 KCB shares traded in one transaction at the price of Rwf 153. The KCB shares closed at flat at Rwf 153. At the end of the session, 10,915 shares were on offer and no buyers.

Friday, October 23, 2009

Equity Market

THIS week Rwf 45,900 from 300 KCB shares traded in one transaction at the price of Rwf 153. The KCB shares closed at flat at Rwf 153. At the end of the session, 10,915 shares were on offer and no buyers.

On the Nairobi Stock Exchange, KCB shares hit a low of 19.50 Kshs (Rwf148) and a high of 20.50Ksh (Rwf155) on Thursday and closed at 19.85Ksh (Rwf151), a slight increase from the previous week’s closing price.

The volumes were also slightly higher compared to the previous week.

At the close of business on Thursday, the NSE All share index rose 0.23 points to close at 66.74.

DSE (Dares Salaam Stock Exchange and USE (Uganda Securities Exchange) did not trade KCB shares.

On other news, The Capital Market Advisory Council was short listed this week to contend for gold in the Investment Climate Initiative of the Year category at the Annual Africa Investor Investment and Business Leader Awards in a Ceremony to take place in Cape Town, South Africa.

Africa Investor (Ai) is a leading international investment research and communication group.

Ends