Activity on the Uganda Securities Exchange was higher over the week, with more stocks active than in the previous week and the volume traded increasing
In the first week of 2024, 3,002,860 shares of locally listed companies were traded on the Uganda Securities Exchange, compared to 271,066 shares in the last week of 2023
During the week, shares worth Shs785.4mn of locally listed companies were traded on the Uganda Securities Exchange, higher than the previous week's total turnover of Shs216.9mn. The volume of shares traded increased to 12,325,505 from 6,623,662 in the previous week. Bank of Baroda Uganda was the most traded stock with 4,288,100 shares, followed by Stanbic
Buildings material company Uganda Clays swung to a first-half loss in the first six months of the year as “frequent machinery breakdowns” dented production and resulted in lower sales