This week, the market continued an upward momentum as volumes more than doubled for two consecutive weeks.
The total turnover for the week was Rwf49,544,400 from 286,200 Bralirwa shares traded in 24 recorded transactions between Rwf170 and Rwf174, while 600 KCB shares traded in one transaction at Rwf180.
The Brewery shares closed at Rwf174, a Rwf4 increase from the previous week’s closing. KCB shares, closed Rwf5 lower compared to last week’s closing of Rwf185.
The previous week, a turnover of Rwf22,971,700 was realized from 134,500 BRALIRWA shares traded in 17 deals between Rwf170 and Rwf171.
On Friday, the RSE realized a total turnover of Rwf33,105,800 from 190,700 Bralirwa shares traded in 24 recorded transactions between Rwf170 and Rwf174. 600 KCB shares traded in one transaction at Rwf180.
At the end of the trading session, there were buyers with bids of 295,000 Bralirwa shares at Rwf172 but no sellers.
The KCB and NMG counters did not record any activity and their share prices remained unchanged at Rwf185 and Rwf1200 respectively.
The KCB shares and the Nation Media Group shares are still trading cum dividend up to May 9th and 31st May 2011, respectively.