In Thursday’s session at the Uganda Securities Exchange (USE), four counters were actively traded, recording a total turnover of sh93.5m, a significant increase from the previous day’s sh22.2m. Ali Twaha reports for New Vision.
Telecom giant MTN led the market in turnover, with sh75.4m worth of shares changing hands, as reported by Crested Capital. Despite its dominance, MTN’s stock price experienced a marginal decline, closing the day at sh171.51 per share.
Stanbic followed with sh16m traded at sh32 per share. Cipla saw sh1.6m in transactions at sh52 per share, while dfcu Limited dealt sh360,000 at sh225.
The USE All Share Index (ALSI) exhibited a 0.16% decrease, closing at 879.14. Simultaneously, the C11 – Crested’s local companies’ index concluded 0.10% lower at 98.86.
These market dynamics indicate active trading, with MTN’s significant turnover capturing attention despite the minor dip in its stock price.
