Rwanda Stock Exchange Market report

This week the market continued to go up as it almost doubled compared to the previous week.  A total turnover of Rwf90,957,500 from 519,900 BRALIRWA shares was reached in 10 deals.The BRALIRWA shares traded between Rwf175 and Rwf176 per share to close the week at Rwf176 per share an increase of Rwf2 from the previous week closing share price of Rwf174.

This week the market continued to go up as it almost doubled compared to the previous week.  A total turnover of Rwf90,957,500 from 519,900 BRALIRWA shares was reached in 10 deals.

The BRALIRWA shares traded between Rwf175 and Rwf176 per share to close the week at Rwf176 per share an increase of Rwf2 from the previous week closing share price of Rwf174.

Yesterday, 40,000 BRALIRWA shares valued at Rwf 7,040,000 were traded at Rwf176 per share in one deal.

At the end of business, there were 3 outstanding bids for BRALIRWA shares and no offers. The outstanding bids were: 10,500,000 shares at Rwf173 per share, 260,000 shares at Rwf175 per share and 3,500 shares at Rwf176 per share.

The NMG and KCB counters did not record any activity and the closing prices for their shares are Rwf1200 and Rwf180 respectively.

The KCB and NMG shares are still trading cum dividend up to May 9 for KCB and May 31, 2011 for NMG.

Ends