Stocks: market update for the 10th September, 2018
Equity turnover soared to Ugx245.02mn (US$64,961) from Friday’s Ugx16.88mn (US$4,484). Six counters registered activities with Stanbic Bank Uganda contributing 97.57% of total turnover. With its share price stable at Ugx33 per share, Ugx239.08mn was generated in turnover. Bank of Baroda Uganda’s share price dropped by 11.03% to Ugx129per share with Ugx4.29mn made in turnover. Umeme and NIC Holdings traded shares worth Ugx1.05mn and Ugx0.50mn as their share prices closed at Ugx350 and Ugx17 respectively. dfcu and Uganda clays traded a combined Ugx0.094Mn in turnover as their share prices shed 1.16% and 3.15% to Ugx895 and Ugx23 respectively. The USE ALSI declined by 1.07% to 1,901.46.