Last week the market continued the momentum as the share prices maintained an upward trend for six weeks in a roll and volumes increased significantly from last week’s trading.
A total turnover of Rwf717,339,400 was recorded from 3,587,300 BRALIRWA shares traded between Rwf190 and Rwf200 in 16 transactions. The BRALIRWA share price closed at Rwf 200; an increase of Rwf10 from the previous week’s closing price of Rwf190.
On Friday, the RSE realized a total turnover was Rwf2,040,000 from 10,200 shares of Bralirwa traded in 2 recorded transactions at Rwf200. The market closed with outstanding offers in three lots of 300,000; 4,800; and 20,000 BRALIRWA shares at Rwf195, Rwf200, and Rwf220, respectively.
The KCB and NMG counters did not record any activity this week and their share prices remained unchanged from the the previous week’s closing prices of Rwf 175 and Rwf 1200 respectively.
The KCB shares are trading cum dividend up to 9th May 2011 whereas NMG shares will trade cum dividend until 31st May 2011.