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USE Up By 43 Percent.
Byline: Martin Luther Oketch
Uganda Securities Exchange (USE) turnover has improved in the third quarter after falling by 30 per cent in the second quarter of 2009.
USE said on Monday that activity for quarter three of 2009 was stable and exhibited relative improvement in tandem with developments on the global financial scene.
The effects of global economic crisis forced offshore investors to withdraw their investments in Uganda's financial market both in the equities and in government securities, which led to a drastic decline in equity prices and the general performance of the stock exchange.
The event also led to panic and a slight loss of …
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