Investors exchange over sh12b
The Uganda Securities Exchange saw a weekly turnover of sh13.46 billion, with MTN Uganda accounting for 90% of the trading volume. While the total turnover decreased slightly from the previous week, the number of shares traded increased.
Why it matters
This data provides insight into the liquidity and investor activity within the Ugandan financial market, highlighting the dominance of major telecommunications firms.
Business: Weekly Market Wrap: Investors exchange over sh12b
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Weekly Market Wrap: Investors exchange over sh12b on MTN counter
The telco firm accounted for about 90% of the weekly turnover that stood at sh13.46b ($3.62m), down from sh14.02b ($3.78m) the previous week. Total shares traded, however, rose to 43.25 million from 42.24 million, with nine counters active during the week.
Investors on the MTN counter exchanged sh12.02b worth of shares during the week ending August 21 at the Uganda Securities Exchange, according to trading data from Crested Capital.
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