Steps to INVEST on the Uganda Securities Exchange
Автор: Maro of Africa
Загружено: 2021-07-03
Просмотров: 2223
List of licensed brokers on the USE: https://www.use.or.ug/content/trading...
Maro"s USE broker's email: [email protected]
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All the percentages which Maro mentions in this video are as of May 31, 2021.
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The Uganda Securities Exchange (USE) is the principal stock exchange of Uganda. It was founded in June 1997. The USE is operated under the jurisdiction of Uganda's Capital Markets Authority, which in turn reports to the Bank of Uganda, Uganda's central bank.
The exchange opened to trading in January 1998. At that 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.
As of July 2014, the USE traded 16 listed local and East African companies and had started the trading of fixed income instruments. The exchange is a member of the African Stock Exchanges Association.
The USE operates in close association with the Dar es Salaam Stock Exchange in Tanzania, the Rwanda Stock Exchange, and the Nairobi Stock Exchange in Kenya. According to published reports in 2013, there were plans to integrate the four exchanges to form a single East African bourse.
Uganda All Stock Index (ALSIUG) is the benchmark Index of the Uganda Securities Exchange.
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Maro does not offer investment advice and Maro is not a registered investment advisor. The information provided is from Maro's experiences which may differ from the experiences of other investors or other people. Past performance is not indicative of future results.
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