RWANDA OTC MARKET REPORT : Week ended December 17th, 2010

This week, the Rwanda OTC market did not record any transactions. The share price remained unchanged at both counters for the week; KCB shares closed at Rwf 174 and NMG shares closed at Rwf 1,200. At the end of the session on Friday, there were no offers or bids at both counters. On other developments, today is the closing date of the offer period for the Bralirwa IPO, the first company to issue shares to the public on the Rwandan market. 

This week, the Rwanda OTC market did not record any transactions. The share price remained unchanged at both counters for the week; KCB shares closed at Rwf 174 and NMG shares closed at Rwf 1,200.

At the end of the session on Friday, there were no offers or bids at both counters. On other developments, today is the closing date of the offer period for the Bralirwa IPO, the first company to issue shares to the public on the Rwandan market.  The shares will be listed on the Rwandan stock market in January 2011.

On Thursday on the Nairobi Stock Exchange, a total of 1,291,100 KCB shares were traded and closed at 22.00 Kshs (162Rfw), and NMG counter had a total turnover of 900 shares and they closed at Kshs 155 (Rwf1, 142).

The NSE All share index closed the week slightly lower at 96.48 compared to the previous week’s closing of 97.75.

The Bond Market:

No transactions reported on the bond market for the week. At the close of business, there were Rwf 100 million government bonds bid at 98.237 and there were no sellers.
There was no transaction on the BCR bond

Ends

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