USE registers improved growth in trading activity

Improved: The USE has seen improved performance supported by growth in the institutional investors’ segment. FILE PHOTO

What you need to know:

Globally, a research by J.P Morgan said the positive drivers for equity markets will likely continue, at least for the first half of 2020, as the positioning is still light and equity inflows will likely make a comeback.

The Uganda Securities Exchange (USE) has registered increased trading activity compared to the same time last year.
The USE opened 2020 more active, recovering from a slow 2019. It recorded increased participation from foreign and institutional investors.
This, according to Mr Andrew Mwima, the USE trade manager, puts the exchange in pool position to post better results than last year.

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