Buy shares in Uganda companies: Whether you are an individual investor or institutional investor, having knowledge of what kind of stocks you should invest your money in is very vital since it helps you avoid making losses while at the same time maximizing your expected earnings at the end of it all.
Picking stocks for your portfolio in 2022 especially during times like this can become a bit more difficult than in times when the market produces gains week after week. That is why by carefully looking at the Uganda Securities Exchange market snapshots, we have been able to come up with a list of the best stocks to buy in 2022. Let’s first understand more about stocks.
Who is an investor?
Investors are divided into two i.e, individual investors who can be local, east Africans and foreign, and Institutional investors who can may include but not limited to Companies, Investment Clubs, SACCOS, Pension Funds, Banks, Investment Banks, Fund Managers, and also can be classified as local, east Africans and foreign.
What is a Share?
A share can be defined as a single unit showing ownership in a company. When you buy shares, you become part of the company owners.
How to become a shareholder in Uganda?
In order to become a shareholder in Uganda, you are supposed to buy shares on the companies you are interested in. You can start by visiting any of the licensed stock brokerage firms and opening a Security Central Depository (SCD) Account.
How to open an SCD account?
In order to open an SCD account, you will need to have a valid I.D and 3 passport photographs. SCD account opening is free and there are no monthly or annual charges associated with it.
How do you buy Shares?
In order to buy shares and become a shareholder, you need to do it through the Uganda securities exchange (USE) by way of approaching a stockbroker and expressing your interest to buy any number of shares of your choice from the companies you want. You will be provided with details where after you will be required to deposit money on the trust account. The stockbroker will then post the order (bid) on the Automated Trading System (ATS) during trading hours whereby once your bid matches an offer (an order to sell) by either the same stockbroker or other stockbrokers, then the transaction is considered to have been concluded and your shares will be credited to your SCD account by your broker. Read how to sell shares here
Stocks To Buy in Uganda 2022
From the table below, you are able to see the different companies and their market cap including old price, new price and market cap as in UGX (Shillings).
Best 8 stocks to buy in Uganda 2022
- ALSI
- LCI
- BATU
- UMEME
- SBU
- KCB
- NMG
- KA
Companies selling shares in Uganda 2022
- Bank of Baroda Uganda
- British American Tobacco Uganda
- Centum Investment Company Ltd
- CQCIL
- Development Finance Company of Uganda Ltd
- East African Breweries Limited
- Equity Bank Limited
- Jubilee Holdings Limited
- Kenya Airways
- KCB Group
- National Insurance Corporation
- Nation Media Group
- New Vision Printing and Publishing Company Ltd
- Stanbic Bank Uganda
- UCHUMI
- Uganda Clays Limited
- UMEME LIMITED
Now that you have seen the companies listed, I am sure you are able to make a choice on stocks to buy in 2022 Uganda. It is worth investing your money into shares since you are not making your money sit idly. Have you thought of Investing in Global stocks right using Chipper cash?
Am phiona, my friend wants me to buy shares in his company . I need more advice and enlightenment to be well acknowledged about share holdings . Whatsapp : +256755272514
Gmail :[email protected]
Am Aceru Florence I want to buy shares, contact me +256 771939425 on WhatsApp or on email at [email protected]
I am interested in buying shares. Please contact me at [email protected]
Thank you so much for your interest. Kindly note that this is an information source. You are advised to contact any of the listed providers and see how you can do business. Opportunities can’t look for you. It’s you who does so.
Between stanbic uganda and umeme, where best can i invest my money?
The investment choice you take is largely determined by many factors. Therefore, I can’t say that stanbic or umeme is the best choice. You can make your own investigations and .
Am Okello Benedict I want to buy shares
WhatsApp 0784317239
Email: [email protected]
Thanks for your interest. Hopefully someone will contact you soon.
Good article am interested@0785588250
Go on and make a choice. It all starts with you. Stock investing is serious biz
To Adam I want inquire apart from buying Mtn shares can I still buy other shares from other listed companies using mobile money???
For sure, you might want to contact those individual companies separately and inquire. Alternatively, you can contact their brokers and see if they accept the form of payment for the shares. Sorry if my answer wasn’t straightened
Interested
Contact me at [email protected]
0758107161
Who are trusted brokers?
It is hard to tell. You can check out their rqatings and standing in the market. That helps.
I AM INTERESTED IN BUYING SHARES.
AM Mujjire Kuteesa Michael I want to buy shares could you contact me on [email protected] or watsup 0782090525
Am Joseph I want to start buying shares need advise. Contact me on +256705842377 or [email protected]
Thanks
Am Richard i want to buy shares contact me on [email protected]
Am Mary I want to buy shares you can WhatsApp me on +256704359919 or mail me at [email protected]
What’s the price for shares from umeme?
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Dusabe Innocent want to buy shares contact me WhatsApp+256781206559 or email [email protected]