The Rwanda Stock Exchange (RSE) weekly turnover dropped by 92.1 per cent to Rwf23 million traded from 75,600 shares last week compared to Rwf293.4 million traded from 889,200 shares, the previous week, the daily market report from the bourse indicates.

There was no or little trading over the past week, according the report. The previous Monday recorded the highest trade, raking in Rwf14.7 million, Tuesday’s total turnover was at Rwf3.6 million, while shares worth Rwf4.1 million traded on Thursday. There was no trade recorded on Wednesday, while shares worth Rwf616,600 were traded on Friday.

The RSE Share Index closed the week at 234.63 points, unchanged from the previous Monday on companies’ share prices that remained largely stable over the week.

Bralirwa’s share price closed at Rwf380 on Friday, unchanged from last Monday while Bank of Kigali’s share price also remained unchanged at Rwf296.

There was an outstanding offer of 2,000,000 for the government bond FXD 4/2014/7yrs (RW000A1ZTAM0) at Rwf106 yesterday and no outstanding bids. There were outstanding offers of 7,000,000 for FXD1/2014/3Yrs (RW000A1VE4S9) government bond at between Rwf100.5 and Rwf104 and no bids.

business@newtimes.co.rw