Total market turnover at the Uganda Securities Exchange (USE) increased to sh1.4b this week compared to last week's sh557m.

According to data from Crested capital, the active counters during the week exchanged a total volume of 34.75 million shares relative to the 15.97 million shares traded the previous week.

Stanbic traded the most turnover across the week of sh1b followed by Umeme with sh222m. MTN exchanged sh131m, Bank of Baroda dealt sh28.7m, CiplaQCIL moved sh1.7m, while Uganda Clays Limited, dfcu Limited (DFCU), and NIC Holdings (NIC) conducted trades worth sh1.2m, sh765,000, and sh86 respectively.

New Vision Printing and Publishing Company (NVL) recorded its first trade since May, this year exchanging sh1,550.

On share price movement, only four counters registered price movements where UCL advanced 4.77% to sh13.62, Stanbic was up 2.23% to sh32.97, MTN rose 0.15% to sh170.26, Umeme added 0.23% to sh414.97, while other active counters remained unchanged.

On the Cross-listings, only two counters gained on their share price where East African Breweries Limited appreciated 11.82%, Equity Group Holdings edged up 1.66%, while KCB Group dropped 4.68%, Centum Investments was down 0.62%, while Jubilee Holdings Limited, and Nation Media Group fell 0.67% and 0.40% respectively.

The USE All Share Index (ALSI) advanced 1.91% to 935.66, while the C10, Crested’s local companies’ index was up 0.59% to 101.94.