Local bourse’s poor run continues

The local exchange’s poor run experienced over the past two weeks continued yesterday with no transactions recorded on both the equity and bond markets, the Rwanda Stock Exchange (RSE) daily market report for Monday indicates. The bourse registered a total of Rwf6.47 million on the equity market over the past two weeks, while Rwf62.2 million worth of bonds was sold last week, according to the weekly report released on Friday. Last week’s total turnover was Rwf3,761,400, up from Rwf2,712,400 the previous week, RSE weekly market report shows. Currently, the market capitalisation is at Rwf2.925 trillion, from Rwf2.932 on November 10. Meanwhile, the Rwanda Share Index remained constant to close at 131.88 points yesterday and the All Share Index at 132.98. This indicates a drop from 134.22 (for RSI) on November 10, while the ALSI is also lower at 133.31 points over the same period. The equities counters closed as follows: Crystal Telecom Rwf68; Bank of Kigali Rwf283; Bralirwa Rwf150; I&M Bank Rwf95; Equity Rwf350, while NMG was at Rwf1,200; KCB Rwf340 and Uchumi Supermarkets Rwf104.

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Local bourse’s poor run continues