_____________

KAMPALA - The Uganda Securities Exchange (USE) saw a 14.08% decline this week in market turnover, with a total value of sh1.88b traded.

According to Crested Capital, the trading activity slowed, with 9.8 million shares exchanged, down from 52.8 million shares in the previous week. Umeme dominated trading, accounting for 86.10% of the weekly turnover with sh1.62b worth of shares traded.

Bank of Baroda (BOBU) was the top mover, exchanging 5.6 million shares, followed by dfcu Limited (DFCU) with sh128.7m worth of shares traded.

MTN and Stanbic also saw trading activity, with sh24m and sh850,000 worth of shares traded, respectively.

Only three counters recorded price changes, with BOBU gaining 0.69% to sh19, Umeme edging up 0.002% to sh460, and Airtel Uganda falling 0.65% to sh76.

The USE All Share Index closed 2.75% higher at 1,079.31, while the C11 declined 0.17% to 96.03 index points.

Cross-listed counters saw gains across the board, led by Equity Group Holdings, which appreciated 7.04%. KCB Group, East African Breweries Limited, Centum Investments, Jubilee Holdings Limited, and Nation Media Group also saw increases in their share prices.