Markets

Ugandan Shilling Declines Against Dollar Amidst High Demand

The Ugandan shilling continued its depreciation against the dollar on Wednesday. Absa traders attributed the weakening to robust demand for…

Uganda’s Currency Maintains Stability Despite Tight Liquidity

According to Absa, liquidity remained tight in the money markets, a condition attributed to the spillover effect of end-of-year tax…

Stanbic Shares Surge 1.56% in Monday’s Trading Session at Uganda Securities Exchange

The share price of Stanbic saw a notable increase of 1.56%, closing at sh32.50 in Monday's trading session at the…

Umeme and MTN Lead the Charge in First Week Trading at Uganda Securities Exchange

The Uganda Securities Exchange witnessed a total market turnover of UGX 689 Million, with three million shares changing hands in…

USE: Stock Performance on Tuesday Following Holiday Break

Four counters were active in Tuesday's trading session at the Uganda Securities Exchange (USE), generating a total turnover of sh12.8m,…

Uganda Shilling Shows Minor Weakening After Festive Period

Uganda Shilling Shows Slight Weakness Post-Christmas Break The Uganda shilling experienced a minor weakening trend in the brief trading week…