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Safaricom stock defies election fever to gain Sh70bn

•Safaricom commands a huge percentage of trading at the NSE, commanding above 60 per cent of market capitalization with over twenty five million subscribers. •With the share price back to the 30-shilling mark, and showing an upward trajectory, investors confidence is lifted, especially after shedding close to 37 per cent in 12 months.

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by The Star

News12 August 2022 - 15:58
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NSE chief executive Geoffrey Odundo monitors daily trading at the Nairobi Bourse/

Safaricom has defied election jitters with the its shares gaining Sh70 billion at the Nairobi Securities Exchange.

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