Market Report for Thursday April 28, 2011

Yesterday, the market traded low both in volumes and transactions compared to yesterday’s trading. A total number of 33’000 shares were traded in 6 transactions between Rfw185 and Rfw188. A total turnover of Rwf6,135,200 was also recorded. The BRALIRWA share price closed at Rwf188, depicting a no change to the previous day’s closing price of Rwf188.

Yesterday, the market traded low both in volumes and transactions compared to yesterday’s trading. A total number of 33’000 shares were traded in 6 transactions between Rfw185 and Rfw188. A total turnover of Rwf6,135,200 was also recorded. The BRALIRWA share price closed at Rwf188, depicting a no change to the previous day’s closing price of Rwf188.

At the end of formal trading hours, there were outstanding bids of BRALIRWA shares and offers. There were bids of 284’800 shares at Rwf186 each; 5000 shares at Rwf188 each and 100,000 shares at Rwf180 each. There were also two offers of 500,000 and 2,000 shares at Rwf200 each.

The KCB and NMG counters did not record any activity. The KCB and NMG share prices remained unchanged from the yesterday’s closing prices of Rwf175 and Rwf1200 respectively.

The KCB shares are trading cum dividend up to May 9, 2011 whereas NMG shares will trade cum dividend until May 31, 2011.

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