Offshore investors give Uganda’s bourse wide berth, turnover dips to $5,500 a day

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. […]

Offshore investors give Uganda’s bourse wide berth, turnover dips to $5,500 a day

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. […]