December 5, 2008
Uganda: Patience on the Troubled Waters of Stock Trading
The global financial crisis definitely has the world talking with a number of people looking on in shocked disbelief as stock markets around the world, including Uganda's are subjected to extreme volatility with share prices moving up and down.
Market drops on Citigroup downgrade
Stocks sank on Thursday after a confidence-shaking downgrade of Citigroup by a brokerage that put the No. 1 U.S. bank's dividend in question and added to concern the mortgage crisis may claim more casualties.
Wall Street gave up a moderate gain in late trading and closed marginally lower Monday after the Federal Reserve and other central banks added more cash to their banking systems, helping investors set aside some concerns about credit tightness.
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