Safaricom share hits highest price since NSE listing

Safaricom’s share price (NSE:SCOM) hit a new record Thursday, earning investors Sh78.13 billion in a week and lifting the Nairobi Securities Exchange (NSE) to a 39-month high.
1M | 3M | YTD | 1Y | 2Y |
-1.20% | +26.44% | +28.96% | +55.89% | +49.99% |
Value Traded (Mln KES) 675.30 |
Volume 20,008,200 |
Transactions - |
Market Cap. (Bln KES) 2,348.04 |
Safaricom’s share price (NSE:SCOM) hit a new record Thursday, earning investors Sh78.13 billion in a week and lifting the Nairobi Securities Exchange (NSE) to a 39-month high.
The monthly equity turnover at the Nairobi Securities Exchange (NSE) fell by a third in July, indicating a reluctance by investors to let go of their stock at a time when share prices have been on the up at the market.
Safaricom (NSE:SCOM) and Nairobi Securities Exchange (NSE) have today announced their partnership to enable customers invest in stocks by redeeming their accrued bonga points.
Ethiopia has cleared the way for Safaricom (NSE:SCOM) to introduce its popular M-Pesa in the market of 110 million people after deciding to include the mobile phone-based financial services in the telco’s licence offered in May.