No transactions recorded on stock market

The Rwanda Stock Exchange (RSE) was flat yesterday with no business transacted at both the equity and bond markets.
The local stock exchange was quiet yesterday. / File.
The local stock exchange was quiet yesterday. / File.

The Rwanda Stock Exchange (RSE) was flat yesterday with no business transacted at both the equity and bond markets.

According to the RSE daily market report, the Rwanda Share Index and All Share Index were constant to close at 134.39 and 133.34 points, respectively.

Market capitalisation was at Rwf2.933 trillion, higher than Rwf2.930 trillion recorded the previous Monday December 4.

On Friday, the Bank of Kigali was the only active counter, pushing 1,000 shares in two deals at Rwf295 and realising a total turnover of Rwf290,500. Rwf8 million worth of bonds was also traded in one deal.

On a weekly basis, the equity market recorded Rwf506.4 million in turnover, an increase from Rwf11.01 million the previous week. Over 2.03 million shares exchanged hands for the December 4-8 week compared to 50,900 shares traded the previous week ending December 1. During this week, Rwf51.1 million worth of bonds changed hands at between Rwf101.3 and Rwf104.9.

The equities counters closed as follows: Bank of Kigali Rwf295; Bralirwa Rwf150; Crystal Telecom Rwf67; I&M bank Rwf95; Equity Rwf350; NMG Rwf1,200; KCB Rwf340, and Uchumi Supermarkets Rwf104.

There were outstanding offers of 6,900 shares on Bank of Kigali counter yesterday, ranging from Rwf295 to Rwf300, while Bralirwa had offers of 42,800 shares at Rwf150, and Crystal Telecom received outstanding offers of 712,800 shares between Rwf67 and Rwf73. I&M Bank got offers of 881,900 shares ranging from Rwf95 to Rwf100. All the four counters didn’t receive any bids.

Meanwhile, the RNIT Iterambere Fund net asset value was at Rwf111.44 per unit, up from Rwf111.33 last Friday.

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