Market Report for the week ended Friday May 27, 2011

Last week’s the market went up again for a record 9 week run as Bralirwa shares keep edging up and are still trading cum dividend. This week Bralirwa shares gained another 2.2% in value and the company hit yet another high of Rwf 230 for the past three months and a half.

Monday, May 30, 2011

Last week’s the market went up again for a record 9 week run as Bralirwa shares keep edging up and are still trading cum dividend. 

This week Bralirwa shares gained another 2.2% in value and the company hit yet another high of Rwf 230 for the past three months and a half.

The total turnover for the week was Rwf 103,773,600 from 457,800 Bralirwa shares in 46 recorded transactions.

The Breweries’s shares closed the week at Rwf 230, an increase of Rwf 5 from the previous week’s closing.

On Friday, there was a total turnover of Rwf 7,889,000 from 34,300 Bralirwa shares in 6 recorded transactions.

At the close of business, there were outstanding offers of Bralirwa shares in the following manner: one offer of 14,000 at Rwf 235 and buyers of 295,000 and 900 Bralirwa shares at Rwf 230 and Rwf 226 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 Rwf 175 and Rwf 1200 respectively.

Bralirwa shares go ex - dividend on June 13, 2011 and NMG shares will trade cum dividend until May 31, 2011.

Ends