Equity Market Performance and its Effect on Economic Growth af a Country- Rwanda Stock Exchange

Full Text	Pdf
Author	Dr. Alfred Nuwagaba
ISSN	2225-7217
On Pages	261-265
Volume No.	2
Issue No.	3
Issue Date	June 01, 2020
Publishing Date	June 01, 2020
Keywords	Equity market, securities, liquidity, equity market liberalization and economic growth

Abstract

Rwanda�s equity market analysis was analyzed in this study that covered a period of six months from November 2012 to April 2013. The study findings revealed only four firms have securities issued on the Rwanda. These firms are bank of Kigali, Bralirwa, Kenya commercial bank and Nation media group. It is only the local firms that have generated equity from the market amounting to $29,446,506.52 and the foreign firms only $310.92. The equity market is segmented and needs to be boosted with integration with regional partners. Rwanda�s economic growth rate is 8.2 percent average and can improve with development of its capital market.

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