Equity trading at the Uganda Securities Exchange (USE) surged during the week, with turnover rising to sh638m from sh227m recorded the previous week.

Signs of volatile trading patterns at the Uganda Securities Exchange (USE) this year weighed heavily on business activity as large investors increased their exposure to blue chip companies but the real fallout on stockbrokers’ commission incomes remains unclear.

MTN’s share price hit a record high on Monday, fuelled by an institutional investor who snapped up 6.186 million shares from dozens of trades.

The African Securities Exchanges Association (ASEA) is pleased to announce that the Uganda Securities Exchange (USE) has officially joined Phase 2 of the African Exchanges Linkage Project (AELP). With this inclusion, the AELP now comprises ten participating exchanges representing 17 countries, enhancing the potential for cross-border trading, collaboration, and capacity building across the continent.