RWANDA OTC MARKET REPORT:Buyers shy away from KCB shares

The Equity Market The Rwanda OTC market on Wednesday 12th of August 2009 recorded no transaction at the close of business.

The Equity Market

The Rwanda OTC market on Wednesday 12th of August 2009 recorded no transaction at the close of business.

Tuesday 11th of August, Nairobi Stock Exchange (NSE) had a total of 1,165,200 KCB shares were traded. KCB shares traded between 22.00 Kshs(Rwf164) and Kshs 23.00(Rwf171) to close flat at 22.50 Kshs(Rwf168).

The NSE all share indexes closed 0.05 points down to close at 71.64.

The trading volumes were also lower than the previous day; 8,819,700 shares were traded on Tuesday while 16,294,100 shares had been traded on Monday.

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

The Bond Market:

On the bond market no transactions were recorded.  At the close of business, Rwf 2 billion worth of Government bonds were on offer (sellers) at Rwf 99.8 and there were two bids (buyers) of Rwf 2 billion and Rwf 5 million for the same bonds at 94.00 and 97.80, respectively. 

There were also BCR bank bonds worth Rwf 150 million on offer at Rwf 100.50.

Ends  

 

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