Bourse weekly turnover up, but volumes drop

The equity market closed the year flat, with no transactions recorded on Friday, the Rwanda Stock Market (RSE) weekly report shows. This follows a poor run on the equity market over the past two weeks as only just over Rwf1.1 million was realised during this period, according to the report.

The equity market closed the year flat, with no transactions recorded on Friday, the Rwanda Stock Market (RSE) weekly report shows. This follows a poor run on the equity market over the past two weeks as only just over Rwf1.1 million was realised during this period, according to the report.

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The local bourse recorded total turnover of Rwf850,100 last week, higher than Rwf330,600 registered for the week ending December 22. However, volumes pushed were marginally lower last week, with 4,400 shares traded compared to 5000 shares that changed hands the previous week.

During the week, Rwf3 million worth of bonds exchanged hands at Rwf101.7 compared to Rwf107.3 million worth of bonds that were traded the previous week.

Meanwhile, index for local firms and the All Share Index were unchanged week-on-week, closing at 135.38 and 133.48 points, respectively.

The equities counters closed as follows: Bralirwa Rwf150; Crystal Telecom Rwf66; Bank of Kigali Rwf300; I&M Bank Rwf95; Equity Bank Rwf350; NMG Rwf1,200; KCB Rwf340 and Uchumi Supermarkets Rwf104.

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