Rwanda Stock Exchange (RSE) launched on last December 7 the “Rwanda Stock Exchange Share Index”, an independently calculated, rules-based performance benchmark for RSE Equities.
The launch comes at a time when international investors are seeking exposure to emerging and frontier markets, focusing on Africa as a whole and on East Africa in particular as a source or return and portfolio diversification.
The market capitalization weighted index’s major objective is to provide the market with a composite report on market performance of constituent stocks so as to highlight general trends in the market ans the economy as large. It has also been built to act as a barometer of RSE market performance with a view that companies listed on the RSE are good representatives of the sectors to witch they belong.
“This index aims at tracking the performances of the companies listed on Rwanda Stock Exchange and is expected to evolve soon as an attractive investible index that can be used as performance benchmark for international investors investing on the Rwandan stock market”, stated DR. James Ndahiro, Chairman of Rwanda Stock Exchange.
Source: Rwanda Stock Exchange
