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Uganda Stock Market Surges with Big Gains | Uganda News
Uganda’s stock market is on fire, with trading volume soaring past 622 million shares fueled by strong corporate earnings, juicy dividends, and rising investor confidence. MTN dominates with nearly 70% of all trades, followed by Stanbic and Umeme, while the market’s total value has jumped from 15 trillion to over 24 trillion shillings in just a year. Companies like Airtel and NIC Holdings are delivering eye-popping returns—over 100% each—with even previously struggling firms like Uganda Clays turning profitable. The exchange is looking ahead with new products including Sharia-compliant…
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