Stockbrokers monitor trade on Uganda Securities Exchange in Kampala. Markets are under pressure from muted participation by investors. PHOTO | FILE | NMG
The total market capitalisation of firms listed at the Uganda Securities Exchange fell to Ush4.27 trillion ($1.15 billion) in 2019/20, from Ush4.91 trillion ($1.32 billion) in 2018/19.
According to Capital Markets Authority report, the drop was driven by substantial declines in share prices of locally listed companies, a trend that was escalated by the Covid-19 outbreak.
