Safaricom share hits highest price since NSE listing
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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 |
-4.28% | -3.18% | +18.87% | +2.15% | -7.13% |
Value Traded (Mln KES) 163.85 |
Volume 9,622,500 |
Transactions - |
Market Cap. (Bln KES) 1,624.18 |
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.