Uganda Securities Exchange (USE) started the new year on a weak footing with equity turnover falling by 73.8 percent to Ush 2.05 billion ($579,828) in January. According to the bourse’s monthly bulletin for January, the value of shares traded declined to Ush2.05 billion from Ush7.8 billion ($2.2 million) in December last year (2021),representing a daily […]
Tag: XUGA_UCL
USE equity turnover drops 73pc
Traders at one of the Business awareness events in 2012 in Kampala. PHOTO | FILE According to the bourse’s monthly bulletin for January, the value of shares traded declined to Ush2.05 billion from Ush7.8 billion ($2.2 million) in December last year (2021),representing a daily average turnover of about Ush103 million ($29,132.8). The volume of shares […]
USE equity turnover drops 73pc
Traders at one of the Business awareness events in 2012 in Kampala. PHOTO | FILE According to the bourse’s monthly bulletin for January, the value of shares traded declined to Ush2.05 billion from Ush7.8 billion ($2.2 million) in December last year (2021),representing a daily average turnover of about Ush103 million ($29,132.8). The volume of shares […]
Questions as ‘New Vision’ stocks fall 80pc
Traders at the Uganda Securities Exchange. Shares of New Vision Publishing Company closed more than 81 percent down on February 10. PHOTO | FILE | NMG New Vision and Uganda capital markets regulators have failed to provide answers for the plunge of the share price, which eroded investors’ wealth. New Vision could report weaker-than-expected revenue […]
Offshore investors give Uganda’s bourse wide berth, turnover dips to $5,500 a day
Crested Capital stock dealers trading at the Uganda Securities Exchange in Kampala. PHOTO | MORGAN MBABAZI Following the end of the offshore investor season, average trading turnover at the USE dropped to less than Ush20 million ($5,493) per day at the beginning of October while trading volumes fell to less than 200,000 shares per day. […]
Size of locally listed stocks declines by 1.3 per cent
The Capital Markets Authority (CMA) has said a drop in share prices of locally listed companies saw the size of Uganda Securities Exchange (USE) decline by 1.3 per cent for the period ended September. In details contained in its Quarterly Bulletin, CMA noted that domestic market capitalisation declined from Shs4.33 trillion for the period ended […]
Size of locally listed stocks declines by 1.3 per cent
The Capital Markets Authority (CMA) has said a drop in share prices of locally listed companies saw the size of Uganda Securities Exchange (USE) decline by 1.3 per cent for the period ended September. In details contained in its Quarterly Bulletin, CMA noted that domestic market capitalisation declined from Shs4.33 trillion for the period ended […]
Offshore investors give Uganda’s bourse wide berth, turnover dips to $5,500 a day
Crested Capital stock dealers trading at the Uganda Securities Exchange in Kampala. PHOTO | MORGAN MBABAZI Following the end of the offshore investor season, average trading turnover at the USE dropped to less than Ush20 million ($5,493) per day at the beginning of October while trading volumes fell to less than 200,000 shares per day. […]
Uganda Clays, Stanbic Bank Dominate Use Trading Activity
Uganda Clays and Stanbi Bank dominated trading activity at the Uganda Securities Exchange (USE) in the quarter ended June, according to USE chief executive officer Paul Bwiso. During the period, Mr Bwiso said, Uganda Clays had traded 85.4 million shares, accounting for 56.79 per cent of traded volumes while Stanbic accounted for 25.3 per cent […]
Uganda Clays, Stanbic Bank dominate USE trading activity
The Uganda Securities Exchange has seen a rebound in trading activity after months of a slowdown due to Covid-19, which continues to ravage equity markets across the globe. Uganda Clays and Stanbi Bank dominated trading activity at the Uganda Securities Exchange (USE) in the quarter ended June, according to USE chief executive officer Paul Bwiso. […]