Uganda Securities Exchange (USE) Live
|ALSI Index||Year-to-Date||Market Cap.|
|1,326.74 (+3.78)||+16.88 (1.29%)||UGX 18.51Tr|
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 (7)||Bottom Losers (2)|
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||30,000.00|
|BOBU||Bank of Baroda Uganda||100||120.00||+5.00|
|EABL||East African Breweries Limited||5,208.28||-1.46|
|EBL||Equity Bank Limited||1,220.90||+6.98|
|JHL||Jubilee Holdings Limited||9,866.99||+37.61|
|NIC||National Insurance Corporation||300||9.00||+0.00|
|NMG||Nation Media Group||512.37||+3.20|
|NVL||New Vision Limited||314.00|
|SBU||Stanbic Bank Uganda||23.50|
|UCHM||Uchumi Supermarkets Limited||9.13||-0.99|
|UCL||Uganda Clays Limited||10,300||8.00||+0.00|
- Showing 1 - 17 of 17 listings
USE TRADING SUMMARY FOR WEDNESDAY, JANUARY 13, 2021: At the end of today's trading session on the Uganda Securities Exchange (USE), a total of 36,825 shares, corresponding to a market value of UGX 5,844,600.00, were traded. Compared with the previous USE trading day (Tuesday, January 12), today's data shows 88% decline in volume and 84% decline in turnover. The current USE market capitalization is UGX 18.51 trillion.
In the aggregate, four USE listed equities participated in trading, ending with seven gainers and two losers. Bank of Baroda Uganda led the gainers with 4.35% share price appreciation closing at UGX 120.00 per share, followed by Centum Investment (+0.87%), Nation Media Group (+0.63%) and Equity Bank (+0.57%). The two losers on the day were Uchumi Supermarkets (-9.78%) and East African Breweries (-0.03%). Umeme recorded the highest volume of 26,125 traded shares, followed by Uganda Clays (10,300), National Insurance Corporation (300) and Bank of Baroda Uganda (100).
Regarding the performance of USE market indices, the benchmark USE All Share Index (ALSI) climbed 3.78 (0.29%) points to close at 1,326.74, representing a 1-week loss of 0.24%, a 4-week gain of 4.1%, and an overall year-to-date gain of 1.29%. The USE Local Company Index (USE-LCI) also increased by 0.33% to reach 334.15 points, making it a 1-week loss of 0.62%, a 4-week gain of 1.23%, and a year-to-date gain of 0.69%.