Rwanda | RSE: Weekly outlook

Weekly outlook

The Rwanda Stock Exchange, like any stock and securities exchange the world over, has its peaks and valleys, but maintained a strong overall performance as traded volumes this week surpassed figures from last week.

The total turnover for this week was Rwf 57,430,900 from 357,300 Bank of Kigali shares; 20,000 BRALIRWA shares and 300 Kenya Commercial Bank (KCB) shares traded in 33 deals compared to last week’s trading session which recorded a turnover of Rwf 41,540,100 from 10,400 BK shares and 74,800 BRALIRWA shares traded in 21 deals.

Whether BRALIRWA share price can keep up its torrid ascent, as well as the coming- to-life of the KCB stall, are all major factors to watch next week, and could prove to be the catalysts for more robust Rwanda Stock Exchange.

 

 

 

 

About the author

Olive Ndaka is the Junior Editor for RwandaEye. An investor and young entrepreneur, she is a quick learner and has contributed many articles for RwandaEye in Kinyarwanda.

More posts by | Visit the site of Ndaka

 

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