Uganda Securities Exchange (USE) Live
|ALSI Index||Year-to-Date||Market Cap.|
|944.63 (-3.57)||-267.95 (22.1%)||UGX 16.22Tr|
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.
|Top Gainers (6)|
|Bottom Losers (3)|
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.
|BATU||British American Tobacco Uganda||15,000.00|
|BOBU||Bank of Baroda Uganda||730,600||15.00||+0.00|
|EABL||East African Breweries Limited||3,341.16||-56.72|
|EBL||Equity Bank Limited||941.13||-6.20|
|JHL||Jubilee Holdings Limited||4,610.03||+0.90|
|NIC||National Insurance Corporation||100||6.00||+0.00|
|NMG||Nation Media Group||510.10||+0.10|
|NVL||New Vision Limited||155.00|
|SBU||Stanbic Bank Uganda||76,159||31.00||+0.03|
|UCHM||Uchumi Supermarkets Limited||8.21|
|UCL||Uganda Clays Limited||13.90|
- Showing 1 - 18 of 18 listings
USE TRADING SUMMARY FOR TUESDAY, SEPTEMBER 26, 2023: At the end of today's trading session on the Uganda Securities Exchange (USE), a total of 1,208,111 shares, corresponding to a market value of UGX 162,618,264.00, were traded. Compared with the previous USE trading day (Monday, September 25), today's data shows 55% decline in volume and 86% decline in turnover. The current market capitalization of the Uganda Securities Exchange is UGX 16.2 trillion.
In the aggregate, six USE listed equities participated in trading, ending with six gainers and three losers. KCB Group led the gainers with 0.24% share price appreciation closing at UGX 570.04 per share, followed by Stanbic Bank Uganda (+0.1%), Jubilee Holdings (+0.02%) and Nation Media Group (+0.02%). On the losing side, East African Breweries came out last with an end-of-day price depreciation of 1.67% at UGX 3,341.16 per share, followed by Equity Bank (-0.65%) and Umeme (-0.01%). Bank of Baroda Uganda recorded the highest volume of 730,600 traded shares, followed by Umeme (331,344), Stanbic Bank Uganda (76,159) and MTN Uganda (69,514).
Regarding the performance of USE market indices, the benchmark USE All Share Index (ALSI) shed 3.57 (-0.38%) points to close at 944.63, representing a 1-week gain of 0.12%, a 4-week loss of 1.57%, and an overall year-to-date loss of 22.1%. The USE Local Company Index (USE-LCI), on the other hand, increased by 0.02% to reach 278.49 points, making it a 1-week gain of 0.85%, a 4-week gain of 2.9%, and a year-to-date gain of 2.13%.