Uganda Securities Exchange (USE) Live
ALSI Index | Year-to-Date | Market Cap. |
---|---|---|
1,047.16 (-2.94) | -165.42 (13.64%) | UGX 18.01Tr |
The Uganda Stock Exchange (USE), incorporated in 1997 as a company limited by guarantee without a share capital, is the principal stock exchange of Uganda. It was established as a result of the Government's policy of transforming the country's economy from a public to that of a private sector basis. The USE offers an organized market where buyers and sellers of securities meet, as dealers/brokers represent them to acquire and/or sell securities such as equity shares and bonds. As an alternative source of investment capital for small and large enterprises, the USE represents a link between companies with capital needs and the general public with savings to invest, allowing these investors to become part owners of the companies.
In October 2003, the USE launched the USE All Share Index (ALSI), a market-weighted average index comprising all listed stocks on the bourse, which backdates to a base value of 100 as of December 31, 2000. In addition to ALSI, USE publishes the USE Local Companies Index which tracks the performance of the domestic equities on the Exchange. In July 2015, USE implemented an automated trading system, a computerized-based trading application set up to automatically buy and sell securities. This, along with a new central securities depository system, improved liquidity and trade efficiency by reducing the settlement time from five to three days.
Bottom Losers (8) | ||
---|---|---|
BOBU | 64.38 | -14.16% |
EBL | 1,033.65 | -0.22% |
KA | 103.91 | -0.22% |
EABL | 4,178.02 | -0.22% |
JHL | 4,829.14 | -0.22% |
KCB | 864.09 | -0.22% |
Top Movers (5) | ||
---|---|---|
NIC | 5.00 | 2,927,200 |
MTNU | 165.00 | 150,700 |
BOBU | 64.38 | 24,000 |
UMEM | 440.00 | 14,900 |
SBU | 25.94 | 59 |
|
Listed companies/securities
The USE officially lists several types of securities: equities, treasury bonds, corporate bonds, and treasury bills. The table below, however, lists only equities. These include a significant number of cross-listed stocks, mainly from the Nairobi Securities Exchange.
Ticker | Name | Volume | Price | Change |
---|---|---|---|---|
BATU | British American Tobacco Uganda | 15,000.00 | ||
BOBU | Bank of Baroda Uganda | 24,000 | 64.38 | -10.62 |
CENT | Centum Investment | 237.66 | -0.52 | |
CQCIL | Cipla QCIL | 70.00 | ||
DFCU | DFCU Limited | 310.00 | ||
EABL | East African Breweries Limited | 4,178.02 | -9.24 | |
EBL | Equity Bank Limited | 1,033.65 | -2.29 | |
JHL | Jubilee Holdings Limited | 4,829.14 | -10.68 | |
KA | Kenya Airways | 103.91 | -0.23 | |
KCB | KCB Group | 864.09 | -1.91 | |
MTNU | MTN Uganda | 150,700 | 165.00 | +0.00 |
NIC | National Insurance Corporation | 2,927,200 | 5.00 | +0.00 |
NMG | Nation Media Group | 565.66 | -1.25 | |
NVL | New Vision Limited | 155.00 | ||
SBU | Stanbic Bank Uganda | 59 | 25.94 | +0.00 |
UCHM | Uchumi Supermarkets Limited | 8.21 | ||
UCL | Uganda Clays Limited | 15.00 | ||
UMEM | Umeme Limited | 14,900 | 440.00 | +0.00 |
- Showing 1 - 18 of 18 listings
USE TRADING SUMMARY FOR FRIDAY, JUNE 2, 2023: At the end of the last weekday of trading on the Uganda Securities Exchange (USE), a total of 3,116,859 shares, corresponding to a market value of UGX 47,604,034.00, were traded. Compared with the previous USE trading day (Thursday, June 1), today's data shows 91% improvement in volume and 337% improvement in turnover. The current market capitalization of the Uganda Securities Exchange is UGX 18 trillion.
In the aggregate, five USE listed equities participated in trading, ending with disappointingly eight losers. Bank of Baroda Uganda lost the most value on the day with 14.16% share price depreciation, followed by Equity Bank (-0.22%), Kenya Airways (-0.22%) and East African Breweries (-0.22%). There were no gainers. National Insurance Corporation recorded the highest volume of 2.93 million traded shares, followed by MTN Uganda (150,700), Bank of Baroda Uganda (24,000) and Umeme (14,900).
Regarding the performance of USE market indices, the benchmark USE All Share Index (ALSI) shed 2.94 (-0.28%) points to close at 1,047.16, representing a 1-week gain of 2.72%, a 4-week loss of 4.28%, and an overall year-to-date loss of 13.64%. The USE Local Company Index (USE-LCI) also decreased by 0.37% to 272.41 points, making it a 1-week loss of 0.41%, a 4-week loss of 1.36%, and a year-to-date loss of 0.1%.