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BOBU advances slightly in quiet USE session

The counter opened at sh109.00 and drew bids of 28,500 shares at sh111.00, with no offers shown.

BOBU advances slightly in quiet USE session
By: Ali Twaha, Journalist @New Vision

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Bank of Baroda (BOBU) shares rose 0.77% to close at sh109.84 on Thursday, trading 81,398 shares worth about sh8.94m, according to Crested Capital’s market close data for the Uganda Securities Exchange (USE).

The counter opened at sh109.00 and drew bids of 28,500 shares at sh111.00, with no offers shown.

MTN Uganda exchanged 695,900 shares at an average of sh455.01 for a turnover of about sh316.6m. The counter edged up by slightly to close at sh455.01 from an open of sh455.00, with bids of 23,600 shares at sh455 and offers of 700 shares at sh500.

Stanbic Holdings traded 192,910 shares at sh112.00, closing marginally higher at sh112.02. Bids stood at 70,600 shares at sh110, against heavy offers of 1,810,600 shares at sh112.

NIC Holdings gained 0.17% to sh23.29 on volume of 8,100 shares, with bids of 79,600 shares at sh23.25 and no offers. Airtel Uganda was unchanged at sh198.00 after trading 3,300 shares, with bids of 124,300 shares at the same price.

The remaining counters, including; BATU, dfcu, NVL, QCIL, UCL and Umeme, recorded no deals and closed flat at their opening levels of sh11,500, sh338, sh145, sh161.88, sh8.40 and sh63 respectively.

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Bank of Baroda
Uganda Securities Exchange