Finshares Investments

Finshares CEO would like to appreciate you, our clients, shareholders and well wishers that have journeyed with us, this year 2024. You have trusted us and we hope that Finshares has delivered to dot. I also appreciate the Finshares team that has made this year, a good one with the efforts they have put in to make sure you grow. God reward you all abundantly in 2025. Finshares will stop all company activities starting today 24th Dec and will resume on 6th Jan 2025. Looking forward to serving you better next year, 2025. Thank you so much

WEEKLY EQUITY MARKETS REPORT. Please see below highlights from this week's trading activities. Turnover was $10,938.77 as the UGSINDX increased by 0.538% whereas the LCI decreased by 0.626% closing at 1,171.54 and 292.16, respectively. Market traded a total turnover of (UGX39.8M) ($10,938.77)Volume 1,043,415 shares. SBU was the highest mover of the day and traded a value of (UGX38.9M)($10,709.17)(Volume 1,011,700 shares) at a VWAP of Shs38.52. Share price fell by 3.70% from the previous close of Sh40. BOBU traded a value of (UGX0.6M)($188.02)(Volume 31,100 shares) at a VWAP of Shs22. Share price fell by 0.09% from the previous close of Shs22.02. COMMENTARY l Shilling has weathered a stormy 2024 Over the past 12 months, the shilling has remained relatively stable. Of course there have been some headwinds, coming off a volatile period at the end of last year that as well as spilled into the early months of 2024. The shilling started a noticeable appreciation trend in February and has held on to the trend to date. Data from Bank of Uganda indicates that the unit has strengthened by 7 percent, from Shs3,932.22 per dollar at the close of February to Shs3,658.3 as of December 13. The positive performance is primarily due to Bank of Uganda’s tight monetary policy stance, reforms undertaken in the domestic market, increased inflows into extractive industries, improved inflows from commodity exports, especially gold, coffee, cocoa, offshore investors, and remittances. The low depreciation signals enhanced investor confidence in the Ugandan economy and its ability to manage external pressures such as fluctuations in commodity prices, shifts in global monetary policy, and geopolitical uncertainties. Other currencies in East Africa such as the Kenyan and Tanzanian shillings have experienced significant volatility due to structural imbalances and external shocks. Blessed Sunday

Today, Finshares CEO had an opportunity to talk to Umeme staff via the Wandegeya Branch. He informed them about the financial markets investments such as Shares, Treasury bills/bonds and Unit trusts. The engagement was very exquisite and many hope to invest as soon as possible

Today, Finshares CEO Kimuli Gavin, had an opportunity to talk to Umeme engineers via the Entebbe Branch. He informed them about the financial markets investments such as Shares, Treasury bills/bonds and Unit trusts. The engagement was very exquisite and many hope to invest as soon as possible

Happy Birthday day to our dearest Finshares CEO

WEEKLY EQUITY MARKETS REPORT. Please see below highlights from this week's trading activities. Turnover was $762.77 as the UGSINDX decreased by 0.108% closing at 1,140.24 while the LCI remained unchanged from the previous close of 288.02. Market traded a total turnover of (UGX2.7M) ($762.77)Volume 83,474 shares. BOBU was the highest mover of the day and traded a value of (UGX1.3M)($379.23)(Volume 62,500 shares) at a VWAP of Shs22.25. Share price remained unchanged from the previous close. AIRTEL UGANDA traded a value of (UGX1.2M)($351.03)(Volume 20,432 shares) at a VWAP of Shs63. Share price remained unchanged from the previous close. COMMENTARY Kenya, Uganda reduce lending rate but banks defiant? Kenya and Uganda avoided further rate increases in their latest monetary reviews to boost the recovery of their economies through growth in the private sector investments and increased spending by households and businesses, but commercial banks’ response to the signal remain lukewarm. Kenya’s monetary policy committee lowered the benchmark lending rate for the third time this year by 75 basis points to 11.25 percent from 12 percent, as inflationary pressures remained muted, putting overall inflation for November at 2.8 percent the lowest since 2007. The committee, however, noted that short term rates on government securities had declined sharply, in line with the Central Bank Rate, but banks had not responded by lowering their lending rates proportionately. Blessed Weekend

Finshares Objectives of the Day 1. Which of the following are primary markets? A. Dar es salaam Stock Exchange B. Uganda Stock Exchange C. None of the above C.Primary markets refer to markets where new securities (such as stocks, bonds, or shares) are issued for the first time. This is typically done through Initial Public Offerings (IPOs).The Dar es Salaam Stock Exchange (DSE) and the Uganda Securities Exchange (USE) are both secondary markets, where existing securities are traded among investors. 2. A corporation acquires new funds only when its securities are sold... A. In the secondary market by an investment bank. B. In the primary market by an investment bank. B. A corporation acquires new funds when it issues new securities, such as stocks or bonds, to investors. This typically occurs in the primary market, where investment banks act as intermediaries to facilitate the sale of new securities to investors

BANK OF JAPAN The BoJ began operating as Japan’s central bank in 1882 and, like the BoE, gained operational independence in 1997. The Bank is responsible for the country’s monetary policy, issuing and managing the external value of the Japanese yen, and acting as lender of last resort to the Japanese banking system

Finshares Question of the Day? What do you expect after investing in stocks? 1. Dividends on my bank account 2. Capital Gains if I want to sell my shares 3. Annual General meetings 4. Gifts 5. Generational wealth, if I invest long termly 6. Social capital 7. Tours at different places where the annual General meetings are held. 8. Getting more guidance on which stocks to invest in accordance to my goals. 9. My investments beating inflation in the long run hence gaining value. 10. Buying more stocks, anytime I can even though with little money but in a good company Blessed Day

WEEKLY EQUITY MARKETS REPORT. Please see below highlights from this week's trading activities. Turnover was $5,941.81 as the UGSINDX decreased by 0.519% and the LCI also decreased by 0.418% closing at 1,132.91 and 288.56, respectively. Market traded a total turnover of (UGX21M) ($5,941.81)Volume 178,545 shares. UMEM was the highest mover of the day and traded a value of (UGX8.8M)($2,415.37)(Volume 21,100 shares) at a VWAP of Shs420. Share price remained unchanged from the previous close. MTNU traded a value of (UGX8.3M)($2,272.66)(Volume 37,845 shares) at a VWAP of Shs220.33. Share price gained value by 0.15% from the previous close of Sh220. COMMENTARY l BOU holds policy rate at 9.75% as inflation eases? The Bank of Uganda (BoU) has kept its benchmark lending rate at 9.75%, citing declining inflation and rising investment in the country’s nascent oil and gas. Economic activity remains robust, with output close to its potential, the bank noted. The Deputy Governor Michael Atingi-Ego said while issuing the December Monetary statement that the GDP growth outlook had remained consistent with the October 2024 Monetary Policy statement, projecting 6.0%-6.5% growth in FY2024/2025 and 7.0%-7.5% over the medium term Blessed Weekend