Market turnover surges as Umeme leads active trading day

Aug 30, 2023

The day’s total turnover closed at sh28.8m, a notable increase from the sh9.6m reported the previous trading day according to market data from Crested Capital.

Market turnover surges as Umeme leads active trading day

Ali Twaha
Journalist @New Vision

The Uganda Securities Exchange (USE) experienced a reported a surge in turnover on Wednesday, with several counters displaying active trading activity.

The day’s total turnover closed at sh28.8m, a notable increase from the sh9.6m reported the previous trading day according to market data from Crested Capital.

Six counters were particularly lively in the day's trading session, with Umeme taking the lead by trading a turnover of sh24.5m.

dfcu Limited (DFCU) followed suit, recording a turnover of sh2.6m, NIC Holdings (NIC) witnessed an exchange of sh1.3m, while Stanbic, MTN, and CiplaQCIL contributed to the day's activity with turnovers of sh270,000, sh110,500, and sh14,500 respectively.

All the active counters reported no price movements throughout the trading day.

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