Safaricom stock jumps 6.8% on Kenya unit profit growth

Safaricom’s share price jumped 6.8 percent on Thursday after the company reported a growth in earnings from the mainstay Kenyan operation.
1M | 3M | YTD | 1Y | 2Y |
+4.70% | -5.98% | -27.61% | -27.27% | -43.46% |
Value Traded (Mln KES) 270.14 |
Volume 8,395,200 |
Transactions - |
Market Cap. (Bln KES) 1,363.86 |
Safaricom’s share price jumped 6.8 percent on Thursday after the company reported a growth in earnings from the mainstay Kenyan operation.
The Capital Markets Authority (CMA) will occasionally suspend part of day trading fees in an attempt to spur activity in the market segment.
Stocks of Nairobi Securities Exchange (NSE) firms valued below Sh4 billion dominate the list of counters that have created paper money for investors this year, defying the prevailing plunge in the equities.
The Nairobi Securities Exchange (NSE) has been ranked the worst-performing African bourse in the first nine months of the year in dollar returns, highlighting the impact of foreign exits and global shocks on East Africa’s biggest stock market.