Market report for October 11, 2011

Yesterday on RSE the market picked up on volumes but shares of both Bralirwa and Bank of Kigali traded slightly lower in both compared to the previous trading session.BK shares traded at Rwf130 and Rwf131 and closed the day at Rwf130, a decrease of Rwf1 while Bralirwa shares traded between Rwf282 and Rwf293 and closed at Rwf292, a decrease of Rwf1 from the previous closing price.

Yesterday on RSE the market picked up on volumes but shares of both Bralirwa and Bank of Kigali traded slightly lower in both compared to the previous trading session.

BK shares traded at Rwf130 and Rwf131 and closed the day at Rwf130, a decrease of Rwf1 while Bralirwa shares traded between Rwf282 and Rwf293 and closed at Rwf292, a decrease of Rwf1 from the previous closing price.

NMG and KCB counters were quiet today and their shares last transacted at Rwf1,200 and Rwf175 respectively. The total turnover was Rwf16,903,200 from 46,000 BK shares and 38,000 Bralirwa shares traded in 17 deals.

At the end of formal business hours, there were offers of 1,865,400 BK shares between Rwf132 and Rwf140 and a bid of 10,000 shares at Rwf130.

On the BRALIRWA counter, there were outstanding bids of 8,000 and 1 million shares at Rwf282 and Rwf285 respectively and 1 million shares on offer between Rwf292 and Rwf322.

Ends

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