Rwanda Stock Exchange Market report :Thursday June 13, 2011

This week the market traded high in turnover but the price of BRALIRWA went slightly down. BRALIRWA shares traded between Rwf 215 and Rwf 230 and closed at Rwf215; a decrease of Rwf 5 from last week’s closing price. KCB and NMG prices remained stable at Rwf 175 and Rwf 1200 respectively. A total turnover of Rwf387,748,000 was recorded from 1,687,000 BRALIRWA shares and 100 KCB shares traded in 30 deals. Today, 769,600 BRALIRWA shares valued at Rwf 176,788,000 were transacted in 8 deals between Rwf215 and Rwf230.

This week the market traded high in turnover but the price of BRALIRWA went slightly down. BRALIRWA shares traded between Rwf 215 and Rwf 230 and closed at Rwf215; a decrease of Rwf 5 from last week’s closing price.

KCB and NMG prices remained stable at Rwf 175 and Rwf 1200 respectively. A total turnover of Rwf387,748,000 was recorded from 1,687,000 BRALIRWA shares and 100 KCB shares traded in 30 deals. Today, 769,600 BRALIRWA shares valued at Rwf 176,788,000 were transacted in 8 deals between Rwf215 and Rwf230.

NMG counters did not record any transaction this week.

At the end of business, there were outstanding bids of 559,000 BRALIRWA shares at Rwf 215 each and no offers. There was also an outstanding offer of 2000 KCB shares at Rwf 180 each and no bids.

Please be informed that today BK is launching its IPO at 5:00pm. and that tomorrow July 1st and Monday July 4th will be public holidays.

Ends

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