© 2019 - New Vision. Bids for 945,000 shares were unable to match prices with 544,000 shares on offer by the close of business on Tuesday. 235, and closing the session at Ushs 245. The Stanbic Bank counter commanded the highest level of activity, selling 2.25 million shares with bids for 24.7 million shares unable to match prices with 19.8 million shares on offer. This includes personalizing content and advertising. Our goal is to deliver and provide the latest news and analysis on economies, companies and industries in the region. He made the comments as chair of an East African Securities Regulatory Authorities consultative meeting in Nairobi, Kenya. All Rights Reserved. Kindly provide your details to receive the Newvision Newsletter. The system also increases share mobility between the two markets, making it easier and quicker for investors in either country to purchase stock in neighbouring countries. Umeme, Uganda’s electricity utility company, has successful cross listed its shares on the Kenyan share markets, making it the first Ugandan firm to cross list in Kenya. Eminent departures of Japtheth Kato from the helm of the CMA and Joseph Kitamirike from the Uganda Securities Exchange have not affected investor appetite on the share markets despite a slowdown in the all Share index. Women get training in business skills to h... UN reports 31 allegations of sex abuse and exploitation, Oxfam faces South Sudan abuse claim as sex scandal widens, Sex in Central Africa -- survival for some, shame for UN, Education ministry cuts syllabus for candidates, Spotlight: How sh1b was withdrawn from a city slum, Yiga's body transferred to A-plus funeral home. Trading today at the Uganda Securities Exchange saw the official listing of New Vision Printing and Publishing Company Limited, with the Share price opening at Ushs. Copyright © 2019 AM Investor Services SPRL. A stock exchange does not own shares. By Samuel Sanya UGANDA STOCK MARKET: EAC share markets to harmonize standards, Former Makindye East MP to seek court injunction. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Use. Provider of financial market data, news, analysis and research with a focus on Africa. Uganda Securities Exchange - 16 Dec, 2004. The platform is entirely dedicated to African stock markets with the added functionality of access to historical data that include share price, market performances, trade volume and daily … Stocks can be traded on one or more of several possible exchanges such as the Uganda … Trading today at the Uganda Securities Exchange witnessed the official listing of Stanbic Bank Uganda Limited, with its share price opening at Ushs 150 per share, oscillating to a high of Ushs 240 per share before closing the session at Ushs 205 per share. NSE shares computerized. All Rights Reserved. 80 million shares … The platform is entirely dedicated to African stock markets with the added functionality of access to historical data that include share price, market performances, trade volume and daily news. It now takes less than 30 days to purchase cross listed stock. There are seven cross listed Kenyan firms on Uganda’s share markets. Japheth Kato, the Capital Markets Authority (CMA – Uganda) boss noted that a harmonised Risk Based Supervision framework will aid in early identification of emerging risks and provide a consistent measure of risk evaluation in the region. Share markets in the five East African Community countries are set to roll out uniform listing, governance and risk based supervision standards as activity on the regional share markets starts to climb. Leave us your email address and learn more about the world's most exciting equity markets. Bank of Baroda stock touched lows of sh110 per share and highs of sh115 with 3.85m shares on offer with no willing buyers. The USE is operated under the jurisdiction of Uganda's Capital Markets Authority, which in turn reports to the Bank of Uganda, Uganda… Uganda Securities Exchange - 25 Jan, 2007. The Uganda Securities Exchange (USE) is the principal stock exchange of Uganda.It was founded in June 1997. Uganda Stock Exchange list of companies, daily price list and share prices … The first flotation of a commercial bank's shares in Uganda occurred on the 2nd September, 2002 when Bank of Baroda offered 20% of its stock to the public through the USE. Looking forward, we estimate it to trade at 1212.22 in 12 months time. Uganda Securities Exchange … At a prior International Organisation of Securities Commissions workshop in Kampala, Stella Kilonzo of CMA-Kenya noted that capital markets are highly dependent on market confidence, something tighter supervision ensures. Joseph Sanjula, the CMA- Uganda research and policy analysis manager, earlier noted that the present one-size-fits-all approach to supervision of listed companies is being substituted by a new regime that assesses the inherent risk in each company. There were representatives from the host country, Uganda, Rwanda, Burundi and Tanzania. The all Share Index slowed to sh1550.79 from sh1561.81 at the close of business on Tuesday with a slight instability in the price of shares on the Baroda counter. Share markets in the five East African Community countries are set to roll out uniform listing, governance and risk based supervision standards as activity on the regional share markets starts to climb.Umeme, Uganda’s electricity utility company, has successful cross listed its shares on the Kenyan. Some 392,262 shares were sold on the Umeme counter for sh360 per share. Our goal is to deliver and provide the latest news and analysis on economies, companies and industries in the region. Get share prices, volume traded, daily price movements and year to date percentage changes for companies listed on the Uganda Securities Exchange (USE). Uganda says telecoms companies must list on local bourse 31-10-2019: African Alliance shuts down its Uganda stock brokerage business 26-04-2019: Stanbic Bank Suspends Trading on Uganda Stock Exchange 02-04-2019: Uganda Securities Exchange slaps fees on data users 26-11-2018: Uganda to require telecom operators to list on local bourse Uganda Securities Exchange (USE) has registered the highest turnover (revenue) in the second quarter of 2014 to Shs816,629,836 realised from trading of 243,879,916,645 shares.This upward growth in USE’s turnover signifies that Uganda’s stock … Provider of financial market data, news, analysis and research with a focus on Africa. We use cookies to understand how you use our site and to improve your experience. Instead, it acts as a market where stock buyers connect with stock sellers. A stock exchange refers to an organized and regulated financial market where securities (bonds, notes, shares) are bought and sold at prices governed by the forces of demand and supply. The all Share Index slowed to sh1550.79 from sh1561.81 at the close of business on Tuesday with a slight instability in the price of shares on the Baroda counter. The recent cross listing of Umeme shares successfully tested the East African Regional Interdepository Transfer Mechanism linking share markets in Uganda and Kenya.