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Sunday, May 20, 2012

 
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Welcome to the Financial Markets Home
 
  Foreign Exchange Rates
  (Last Updated: 20-May-2012)
 
CurrencyRateLoss/Gain Average
Euro2,780 140
Kenya shilling24 0
Pound Sterling3,030 220
Dollar1,915 120
 
  Share Market on Uganda Securities Exchange
  (Last Updated: 20-May-2012)
Company Price Change
Uganda Clays120 120
Stanbic Bank140 95
Bank of Baroda500 1,945
New Vision1,450 30
DFCU700 5
British American Tobacco1,080 30

Three local counters were active that is SBU, NVL and DFCU. DFCU and NVL gained 5/- and 30/- to close at 700/- and 1450/- respectively. SBU remained stable at 235/-. 

 

 
  Financial Market Report (Last Updated: 20-May-2012)

Weekly market review

The shilling weakened against the dollar during the week to Friday due to a pick-up in corporate demand amid flows of the greenback, dealers said. The local unit closed trading at 1,714/1,719 to the dollar on the inter-bank market compared to 1,703/1,708 traded the previous week. Flows were seen from the aid agencies and coffee exporters, which were evenly matched to the existing dollar demand.

 

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