Safaricom Share Price Hits All-time High of Ksh 30

Telecoms operator Safaricom’s (NSE:SCOM) share price reached an all-time high of Ksh 30:00 per share Thursday afternoon (14:35hrs) at the Nairobi Securities Exchange (NSE).

According to Genghis Capital, equities elicited mixed performance on Thursday with the All Share and NSE25 Indices closing in the gain territory while the NSE 20 posted losses in the session.

Turnover ticked up driven by Safaricom Plc (NSE: SCOM) and the Banking sector counters. The Telco touched its all-time high of KES 30 in the session while Equity Group Holdings Plc (NSE: EQTY) and KCB Group Ltd (NSE: KCB) recouped their previous losses to gain 1.76% and 0.58%, respectively.

Cooperative Bank of Kenya Ltd (NSE: COOP) continued to attract local investors as foreign investors moved volumes in Diamond Trust Bank Kenya Ltd (NSE: DTK).

Data from Nutcracker