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USE turnover goes up

By Vision Reporter

Added 14th July 2005 03:00 AM


TURNOVER at the Uganda Securities Exchange (USE) rose from last week’s sh1.5m to sh5.8m due to activity on various counters.


TURNOVER at the Uganda Securities Exchange (USE) rose from last week’s sh1.5m to sh5.8m due to activity on various counters.

By Vision Reporter

TURNOVER at the Uganda Securities Exchange (USE) rose from last week’s sh1.5m to sh5.8m due to activity on various counters.

Yesterday, dfcu had a sh0.6m turnover after trading 1,890 shares at sh365 each. Dfcu’s share price fell by sh5 from sh370 last Thursday.

New Vision bagged sh0.2m after trading 1,000 shares at sh205 each.
On Tuesday, Baroda bagged sh1.2m after trading 1,535 shares at sh830 each, dfcu sh0.8m, New Vision sh0.4m and Uganda Clays sh2.4m.

The all share index closed the week at 711.71 points up from 703.54 last Thursday due to stable share prices.

British American Tobacco’s share price was steady at sh735, while East African Breweries’ slipped by sh4 to sh3,786 from sh3,800 last Thursday. Kenya Airways’ price gained to sh1,719 from sh1,610 last Thursday.

Market capitalisation rose to sh3.447.1b from sh3.407.5b last Thursday.
On Unit Trust counter, the Balanced Investment Fund was sh10,483 per unit.

USE turnover goes up

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