KAMPALA - Trading activity on the Uganda Securities Exchange rose this week to shsh1.5b in turnover, up from sh67.57m the previous week, according to a market report from Crested Capital.
The surge came from MTN Uganda and Stanbic Holdings shares, which together accounted for nearly 98% of the total value traded.
MTN was the most active counter with sh798.61m of weekly turnover. Stanbic followed with sh663.4m of total trades. Airtel Uganda was a distant third, moving sh17.03m while Bank of Baroda recorded sh7.17m.
Other active counters included NIC Holdings at sh6.24m, Quality Chemicals Uganda with sh3.78m and a combined sh2.94m traded in dfcu and Uganda Clays.
The benchmark All Share Index fell 0.12% to 1,262.49 points, while the local index, which tracks locally listed firms, eased 0.05% to 341.92.
Bank of Baroda led weekly gainers with a 1.76% rise to sh30.61 per share, dfcu gained 0.40% to sh253, and Stanbic rose 0.15% to sh47.57 per share. Airtel was the worst performer of the week, losing nearly 5% to close at sh80.30 while MTN shed 0.05% to sh269.86.
Prices for BAT Uganda, NIC Holdings, New Vision, Quality Chemicals, and Uganda Clays were unchanged.
Among cross-listed stocks, Jubilee Holdings rose 4.43% to sh6,495.81 and Kenya Airways added 1.37% to close at sh126.97.
East African Breweries fell 6.86% to sh5,056.20, Equity Bank lost 11.25% to sh1,223.32, and Centum dropped 4.76% to sh325.84.
KCB and Nation Media Group also posted losses, falling to sh1,175.57 and sh321.63 respectively.