The Rwanda Stock Market (RSE) weekly turnover dropped by over Rwf69.8 million on December 30 to Rwf75.2 million, down from Rwf145.04 million recorded for the week ended December 23.

According to the RSE weekly report, this was a 48.18 per cent decline in value, ending a rather bad year for the local exchange. The report shows that 833,900 shares changed hands in 12 deals last week compared to over 1.6 million shares sold in 29 deals the previous week.

During the past week, Rwf135.6 million worth of bonds traded on the bond market, down from Rwf139.5 million worth of bonds traded during the week ended December 23.