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Article: Uganda: Companies, Investors Hit Gold on USE Growth.
- Article from:
- TendersInfo
- Article date:
- August 16, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: sander03
The status of Uganda Securities Exchange shows that all listed companies and investors have benefited from growth of the capital market although the market is hardly ten years old.
Companies have increased their market capitalisation and maintained good performance on the stock exchange while investors have benefited from price increases, share splits, and right issues. Market capitalisation refers to the current stock price times number of outstanding shares.
In an interview with Business Power, the Research and Market Development Manager USE, Ms Harriet Kiwanuka, said Ugandas capital market is steadily growing and that is in ...