Market Report for Thursday 17 March, 2011

The RSE trading dropped significantly from Wednesday’s record total turnover of Rwf1,022,128,000 from 6,006,600 BRALIRWA shares traded in 6 transactions at between Rwf170 and Rwf171. Yesterday, the market recorded a total turnover of only Rwf245,000 from 1,400 BRALIRWA shares traded at Rwf175 per share.

The RSE trading dropped significantly from Wednesday’s record total turnover of Rwf1,022,128,000 from 6,006,600 BRALIRWA shares traded in 6 transactions at between Rwf170 and Rwf171.

Yesterday, the market recorded a total turnover of only Rwf245,000 from 1,400 BRALIRWA shares traded at Rwf175 per share. The BRALIRWA share price closed at Rwf175 meaning an increase of Rwf4 from yesterday’s closing price.
At the close of business there were offers of 63,700 BRALIRWA shares at Rwf175 and 40,000 BRALIRWA shares at Rwf180.

The KCB and NMG counters did not record any activity to make their share prices remaining unchanged at Rwf185 and Rwf1200 respectively. The KCB shares are still trading cum dividend up to May 9, 2011.

The Bond Market:

No transactions were recorded on government bonds. At the close of business, there was a bid of Rwf100 million government bonds at 98.237 and there were no sellers.
There was no transaction on the BCR bond.

Ends

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