The Independent (Kampala)

Uganda: Trading Volumes Decline On Tuesday's Close

By Julius Businge, 29 January 2013

The Uganda Securities Exchange (USE) trading volumes which were recorded high at the end of yesterday's trading declined on Tuesday, with most counters recording offers.

According to the official figures released by the USE today, the market traded 1, 059, 368 shares recording over sh35mn in turnover compared to yesterday (Jan. 28)when the market traded over 20mn shares, recording sh6bn in turnover.

Stanbic bank's counter recorded the highest volumes of traded shares 1, 035, 520 and sh20mn in turnover at a flat price of sh25. Baroda's counter came second with 19, 648 shares traded and sh5.5mn recorded as turnover at sh280 per share. DFCU traded 4, 200 shares at sh1, 000 each share, recording sh4.2mn in turnover.

Umeme's usual busy counter only recorded offers (6, 861,300) and bids (1, 016,223). Other counters like NIC, NVL and CENT posted offers. Baroda posted 51, 675 as bids and 67, 652 as offers.

Official trading resumes on Jan. 31.

  • Comment

Copyright © 2013 The Independent. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica aggregates and indexes content from over 130 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.

Comments Post a comment