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Kampala
Monday, October 23, 2017
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Stock market: Stanbic Bank dominates trading as Umeme price falls

Market turnover fell to Ugx 2.5Bn ($742,679) from Ugx 5.12Bn ($1.52Mn) last week as the bourse registered less activity. Stanbic Bank Uganda dominated trading...

Shilling expected to remain stable in a well paired market

16th September 2016 …………………………………………………………………… The Uganda shilling traded sideways during the week. Demand was on and off as the corporate market focused on mid month tax...

Nigeria’s rating downgraded by one notch to ‘B’

Developed-market government bonds rebounded on Friday, pushing yields lowers, amid the diminished probability of a Fed rate hike in the shot-term.  The yield on...

Uganda stock market: winners and losers

There was more activity on the Ugandan bourse this week with 21.8 million shares changing hands to generate a turnover of Ugx. 5.12Bn ($1.52Mn)...

Uganda Stock exchange market update

Today (9th September 2016) Bourse turnover surged to Ugx. 1.51Bn ($447,597) from Ugx. 677.42Mn ($200,658) as at the end of 8th September 2016. UMEME...

Shilling likely to experience slight pressure

The Uganda shilling underwent some slight volatility as supply dwindled and demand picked up mainly from the manufacturing and energy sectors. Trading was in...

Shilling to firm up as demand remains dull

The Uganda shilling marginally weakened in the early part of the week due to uptick in interbank demand but quickly regained as end month...

Shilling: end month uptick in demand to trigger depreciation pressures

The Uganda shilling held firm against the dollar during the week on the back of improved commodity inflows as demand remained subdued. The unit...

Chinese currency usage in South Africa on the rise

SWIFT data shows that Chinese Currency –The Renminbi (RMB) usage in payments in South Africa increased by 65% over the last 12 months and...

Shilling expected to remain flat in the coming weeks

It was a non trending market for the Uganda Shilling (Ugx) and the US Dollar (USD) pair during the week as market activity remained...