Turnover at the Uganda Securities Exchange (USE) experienced a significant decrease in the latest market report, falling to sh22.2 million from the previous day’s sh178 million, as indicated by data provided by Crested Capital.
Wednesday’s trading activity saw participation from three counters, collectively handling a total volume of slightly over one million shares. Stanbic led the way, contributing a turnover of sh12.4 million with shares priced at sh32 each. Bank of Baroda (BOBU) engaged in transactions amounting to sh9.2 million at sh15 per share. Additionally, MTN recorded an exchange of approximately sh610,000, witnessing a 0.64% increase in share value throughout the day, ultimately closing at sh172.
The subdued turnover reflects a day of relatively limited market movement, with investors navigating fluctuating prices and volumes in the selected counters.
