The Rwanda Stock Exchange (RSE) was largely quiet yesterday, with no shares exchanging hands, according to the Wednesday market report. Though there were sellers at all the different counters yesterday, only Bank of Kigali got buyers who were, however, offering lower prices of between Rwf277 and Rwf280 against the offer price of Rwf285-Rwf305 per share. This performance affected both the RSE Share Index and the All Share Index, which remained constant at 189.44 and 141.36 points, respectively compared to Tuesday’s trading session. Crystal Telecom closed at Rwf120, while the Bank of Kigali counter was at Rwf280, unchanged from Tuesday’s closing share price. Bralirwa closed at Rwf280 and Equity Group was at Rwf334, while KCB closed at Rwf370. At the end of formal trading hours, there were outstanding offers of 294,500 Bank of Kigali shares at between Rwf285 and Rwf305 and an outstanding bid of 5,600 shares between Rwf277 and Rwf280. On Bralirwa counter, there were outstanding offers of over one million shares at between Rwf280 and Rwf311 and no buyers. KCB had an outstanding offer of 600 shares at Rwf333. Crystal Telecom had offers of 843,500 shares at Rwf120 and Rwf130. editorial@newtimes.co.rw
