Business

NIC shares up 8% in Tuesday’s session

Bank of Baroda (BOBU) posted the session’s highest volume of 1,560,000 shares and closed down 0.30% at sh99.40. Stanbic Holdings followed with 674,400 shares traded, edging up 0.03 percent to sh112.03.

National Insurance Corporation (NIC)
By: Ali Twaha, Journalist @New Vision


KAMPALA - National Insurance Corporation (NIC) shares gained by 8.14 percent to close at sh23.25 from an opening price of sh21.50 at the Uganda Securities Exchange (USE) on Tuesday.

According to market data from Crested Capital, the counter traded 270,000 shares at the closing price, supported by bids for 38,600 shares at sh23.25.

Bank of Baroda (BOBU) posted the session’s highest volume of 1,560,000 shares and closed down 0.30% at sh99.40. Stanbic Holdings followed with 674,400 shares traded, edging up 0.03 percent to sh112.03.

Airtel Uganda gained 0.63% to close at sh197.00 on volume of 36,550 shares. DFCU rose 0.30% to sh338.00 with 5,500 shares changing hands, while MTN Uganda slipped 0.02% to sh455.00 on 12,930 shares.

British American Tobacco (BATU), New Vision (NVL), Quality Chemical Industries (QCIL), Uganda Clays (UCL) and Umeme recorded no deals.

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Business
Economy
National Insurance Corporation (NIC)
Uganda Securities Exchange (USE)