Uganda Securities Exchange

Type	Stock Exchange
Founded	June 1997
Headquarters	Kampala
Key people	Simon Rutega, CEO Judy Obitre Gama, Head, Legal & Surveillance Department Harriet Kiwanuka, Head, Trading Research & Market Development Department Calvin Simon Waibale, Head, Information Technology
Industry	Finance
Products	Stock trading services
Employees	16
Website	http://www.use.or.ug

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 Nine listed local and East African companies and has started the trading of Fixed Income instruments. The stock exchange is open 5 days a week and is a member of the African Stock Exchanges Association.

The USE operates in close association with the Dar-es-Salaam Stock Exchange in Tanzania and the Nairobi Stock Exchange in Kenya and plans are already underway to integrate the three to form a single East African bourse.

Contents 1 Trading 2 Market listing 3 See also 4 External links 5 Se also 6 References

[edit] Trading

Trading takes place on Mondays, Tuesdays and Thursdays only. Trading is by use of the open outcry method. An automated trading platform is being considered.

[edit] Market listing

Symbol	Company	Notes
1. BOBU	Bank of Baroda (Uganda)	Finance, Banking
2. BATU	British American Tobacco	Tobacco Products, Cigarettes
3. DFCU	DFCU Group	Finance, Banking
4. EABL	East African Breweries	Beer, Gin, Spirits
5. JHL	Jubilee Holdings	Insurance
6. KA	Kenya Airways	Aviation
7. KCB	KCB Group	Finance, Banking
8. NVL	New Vision Group	Printing, Publishing, Broadcasting
9. SBU	Stanbic Bank (Uganda) Limited	Finance, Banking
10. UCL	Uganda Clays Limited	Manufacturing, Construction Materials
11. EBL	Equity Bank Group	Banking, Finance
12. NIC	National Insurance Corporation	Insurance, Banking
13. HFB	Housing Finance Bank	Banking, Mortgages

• East African Breweries and Kenya Airways are crosslisted at both the Nairobi Stock Exchange and the Dar es Salaam Stock Exchanges.
• Jubilee Holdings and Equity Bank Group are crosslisted on the Nairobi Stock Exchange.
• Kenya Commercial Bank Group is crosslisted on the Nairobi Stock Exchange, the Dar-es-Salaam Stock Exchange and on the Rwanda Over The Counter Exchange^[1]

[edit] See also

• Economy of Uganda
• List of stock exchanges
• List of African stock exchanges

[edit] External links

• Uganda Securities Exchange website
• African Stock Exchanges Association

[edit] Se also

• Nairobi Stock Exchange
• Dar-es-Salaam Stock Exchange
• Rwanda Over The Counter Exchange

[edit] References

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