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Rwanda Stock Exchange (RSE) is the latest entrant into the business that the regional exchanges are viewing as an important source of revenue in turning around their financial fortunes, battered by declining share trading activities and shrinking proposals for rights issues and initial public offerings (IPOs).
East African stock markets are pursuing additional revenue-raising prospects in the data vending business to cushion against faltering trading incomes, linked to declining equity market performances across the region.
Rwanda Stock Exchange (RSE) is the latest entrant into the business that the regional exchanges are viewing as an important source of revenue in turning around their financial fortunes, battered by declining share trading activities and shrinking proposals for rights issues and initial public offerings (IPOs).
More than 10,000 new investors joined the RSE in 2023 enticed by the promising prospects of an expanded range of investment products, full automation of trading activities, and conversion of the exchange into a commercial entity through diversification of its revenue streams.
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https://trendsnafrica.com/mozambique-stock-market-makes-steady-progress-but-belies-expectation/
RSE posted a 17 percent increase in the number of investment accounts to 69,654 active investors in November 2023 from 59,530 in the same period in 2022, according to its latest annual report (2023).
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