Market Report for Monday May 23, 2011

Today the market continued the momentum on the upside from last week’s closing as investors are still reacting to Bralirwa results announcement last Monday. A total of  310,200 Bralirwa shares amounting to a turnover of Rwf69, 890,800   were traded  in 8 transactions between Rwf220  and Rwf226. 

Monday, May 23, 2011

Today the market continued the momentum on the upside from last week’s closing as investors are still reacting to Bralirwa results announcement last Monday. A total of  310,200 Bralirwa shares amounting to a turnover of Rwf69, 890,800   were traded  in 8 transactions between Rwf220  and Rwf226. 

The Breweries’s shares closed at Rwf226, an increase of Rwf1 per share.

Bralirwa shares go ex - dividend on June 13, 2011 and the book close date will be June 21, 2011 meaning that the final dividend will be paid to all shareholders whose names appear in the Register of Shareholders at the close of business on June 21, 2011.
 
At the close of business, there were outstanding offers of Bralirwa shares in the following manner: one offer of 6,000 at Rwf228, two offers of 14,000 and 58,000 at Rwf230 each and buyers of 4,500 and 50,000 Bralirwa shares at Rwf226 and Rwf225 respectively.

Ends