Banking stocks rise against the tide at Uganda bourse
Stockbrokers monitor trade at Uganda Securities Exchange. In Uganda, stockbrokers take 3.28 per cent of the value of share transactions. PHOTO | MORGAN MBABAZI | NMG
Stanbic Holdings Ltd and DFCU Ltd have posted significant trading turnover at the Uganda Securities Exchange in the first quarter of 2019 despite the January-March low season.
Latest market data shows the DFCU Ltd counter accounted for the largest share of market turnover in February, with 46.5 per cent, equivalent to Ush303.08 million ($81,292) followed by Stanbic Holdings Ltd with a contribution of 24 per cent equivalent to Ush158.9 million ($42,620).
