Uganda Securities Exchange
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Uganda Securities Exchange | |
Type | |
---|---|
Founded | June 1977 |
Headquarters | Kampala |
Key people | Simon Rutega, CEO Judy Obitre Gama, Manager, Legal & Surveillance Department Harriet Kiwanuka, Manager, Trading Research & Market Development Department |
Industry | Finance |
Products | Stock trading services |
Website | http://www.use.or.ug/home.asp |
The Uganda Securities Exchange is Uganda's principal stock exchange. It was founded in June 1997. The USE is operated under the jurisdiction of Uganda's Capital Markets Authority, which in turn reports to Uganda's central bank, the Bank of Uganda.
The exchange's doors opened to trading in January 1998. At the time, the Exchange had just one listing, a bond issued by the East African Development Bank. Trading was limited to only a handful of trades per week.
The USE currently trades eight listed local and East African companies and has started the trading of Fixed Income instruments. The stock exchange is open 5 days a week.
The USE operates in close association with the Dar-es-Salaam Stock Exchange in Tanzania and the Nairobi Stock Exchange in Kenya.
[edit] Market listing
Symbol | Company | Notes |
---|---|---|
Bank of Baroda Uganda (Bank of Baroda) | Finance, banking | |
BATU | British American Tobacco Uganda (British American Tobacco) | |
DFCU | DFCU Group | Finance, banking |
EABL | East African Breweries | |
JHL | Jubilee Holdings | Insurance |
KA | Kenya Airways | |
New Vision Printing and Publishing | ||
Stanbic Bank | ||
Uganda Clays |
- East African Breweries and Kenya Airways are crosslisted at the Nairobi Stock Exchange and the Dar es Salaam Stock Exchange.