RNI - Reinet Investments S.C.A

Sep 29, 2023 at 18:02 Twitter · Facebook

RNI share price on Johannesburg Stock Exchange

Reinet was established on 21 October 2008 when the former Richemont SA changed its legal form to that of a partnership limited by shares and adopted the name Reinet Investments S.C.A.

At the same time as it changed its legal status, Richemont SA redeemed its ordinary capital, which was held exclusively by Compagnie Financière Richemont SA ('CFR'), by way of the distribution to CFR of its entire luxury goods interests. In consequence, CFR became a specifically focused luxury goods company and Reinet was established as an investment vehicle, the principal asset of which was the former Richemont’s interest in British American Tobacco.

Reinet Investments SCA is a Luxembourg-based closed-end, specialized investment fund (SIF). Its primary investment objective is to achieve long-term capital growth. The company focuses on investing in a wide range of asset classes, including listed...

Reinet Investments S.C.A is listed on the Johannesburg Stock Exchange (JSE). Reinet Investments S.C.A is traded on the JSE under the ticker symbol “RNI”. The International Securities Identification Number (ISIN) of JSE:RNI is LU0383812293. Reinet Investments S.C.A is currently the 33rd most valuable stock on the JSE with a market capitalization of ZAR 81.5 billion, which is about 0.446% of the Johannesburg Stock Exchange equity market.

RNI Stock Market Performance

The current share price of Reinet Investments S.C.A (RNI) is ZAR 415.73. RNI closed its last trading day (Friday, September 29, 2023) at 415.73 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 2.1% gain over its previous closing price of 407.08 ZAR. Reinet Investments S.C.A began the year with a share price of 327.36 ZAR and has since gained 27% on that price valuation, ranking it 27th on the JSE in terms of year-to-date performance.

Reinet Investments S.C.A is the 128th most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 3 - Sep 29, 2023). RNI has traded a total volume of 19.6 million shares—in 182,039 deals—valued at ZAR 8.14 billion over the period, with an average of 310,404 traded shares per session. A volume high of 1.34 million was achieved on September 21st, and a low of 94,629 on September 12th, for the same period. The table below details the last 10 trading days of activity of Reinet Investments S.C.A on the Johannesburg Stock Exchange.

Profile of Reinet Investments SCA

Reinet Investments SCA operates in the Financials sector, specifically, the Financial Services industry.

RNI Industrial Market Competitors

Reinet Investments SCA, issuers of the RNI stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Financial Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange