Crystal telecom appoints new board members as bourse drops

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Crystal telecom appoints new board members as bourse drops

Crystal telecom has named two new board members, John Bosco Sebahi and David Dalhuisen- who will be bringing in invaluable support on the existing board to boost the company’s share activities.

According to Crystal telecom Sebahi and Dalhuisen are experienced business personalities and they were appointed in line with article 7.22 and 23 of the company’s articles of association.

Sehabi was a former deputy director in charge of funds management at Rwanda Social Security Board while Dalhuisen has been the Head of East African Investment Bank at Renaissance Capital- a leading investment bank in Sub-Saharan Africa.

In the meantime, the Rwanda stock market index went down 0.94 points to close at 189.44 and all shares indexes went down 0.12 points to close at 141.36.

The Crystal telecom counter closed at Frw 120 (Frw 118 previous). The trading session recorded a total turnover of Frw 1,978,600 from 16,500 shares traded in 3 deals.

Bank of KIgali counter closed at Frw 280 (Frw 280 previous). The trading session recorded a total turnover of Frw 64,680,000 from 231,000 shares traded in 3 deals.

Bralirwa counter closed at Frw 280 (Frw 283 previous). The trading session recorded a total turnover of Frw 2,149,000 from 7,700 shares traded in 2 deals.

The Equity counter was quiet today and closed at Frw 334. The last trading session recorded a total turnover of Frw 334,000 from 1,000 shares traded once.

While the KCB counter was quiet today and closed at Frw 370. The last trading session recorded a total turnover of Frw 555,000 from 1,500 shares traded once. No transaction recorded on NMG and USL counters.

At the end of formal trading hours, there were outstanding offers of 278,700 BK shares between Frw 285-305 and an outstanding bid of 95,000 shares at Frw 280.

On Bralirwa counter, there were outstanding offers of 366,700 shares between Frw 279-311 and no bids. On KCB counter there were an outstanding offer of 600 shares at Frw 333 and no bids.

On CTL counter there were outstanding offers of 1,154,300 shares between Frw 125- 130 and an outstanding bid of 400 shares at Frw 115.

On the RSE bond market there were an outstanding offer of Frw 8,200,000 worth of bonds between Frw 101 and Frw 105 and no bids.

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About the author

Olive Ndaka is the Junior Editor for RwandaEye. An investor and young entrepreneur, she is a quick learner and has contributed many articles for RwandaEye in Kinyarwanda.

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