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Stanbic Bank was the leading performer of the day, posting a turnover of sh984.7m and a share price increase of 0.89% to sh32.97. Following closely was MTN, which had a turnover of sh96.6m and saw its share price surge by 5.74% to sh179.76.
Other active counters included Umeme, which traded at sh14.9m with its share price rising to sh414.97, BOBU that dealt sh2.1m and held steady at sh15, and UCL which moved sh1.1m and saw its share price climb by 4.77% to sh13.62.
As the securities market surged, the Uganda shilling also strengthened from opening levels of 3760/3770 to close at 3750/3760 amid continued liquidity tightness in money markets as reported by Absa Bank. The bank also noted average overnight yields of 10.91%.
Looking ahead, the Bank of Uganda has scheduled a treasury bill auction worth sh235b for October 25, 2023.
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