Safaricom share hits all-time high on Ethiopia bid
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Safaricom’s share price closed at an all-time high of Sh39.9 on Wednesday as investors rushed to buy on news that the telecoms operator is close to securing an operating licence in Ethiopia.
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 closed at an all-time high of Sh39.9 on Wednesday as investors rushed to buy on news that the telecoms operator is close to securing an operating licence in Ethiopia.
Equity and bond turnover at the Nairobi Securities Exchange (NSE) rose 15.3 percent and 17.8 percent, respectively, in the first quarter of 2021 as the market overcame COVID-19 pandemic disruption, a report released by the Capital Markets Authority (CMA) Wednesday showed.
Investors at the Nairobi Securities Exchange (NSE) will now trade online on derivative contracts of blue-chip firms like Safaricom , KCB Group , Equity Bank and East African Breweries.
Kenya based Danish hair products firm Africanhair PLC, trading as BeautyClick plans to list on the Nairobi Securities Exchange (NSE) to raise new equity for regional expansion.