Today the market continued the momentum on the upside from yesterday’s session as Bralirwa shares keep edging up cum dividend. A total turnover of Rwf6,852,000 was recorded from 29,800 BRALIRWA shares traded between Rwf226 and Rwf230 in 5 transactions. The Breweries’s shares closed at Rwf230, an increase of Rwf1 per share.
At the close of business, there were outstanding offers of Bralirwa shares in the following manner: one offer of 40,000 at Rwf240 and another of 14,000 at Rwf235 each and buyers of 200,000 and 900 Bralirwa shares at Rwf228 and Rwf226 respectively.
The KCB and NMG counters did not record any activity today and their share prices remained unchanged from the previous day’s closing prices of Rwf175 and Rwf1200 respectively.
Bralirwa shares go ex - dividend on June 13, 2011 and NMG shares will trade cum dividend until May 31, 2011.