Business Daily | Elizabeth Kivuva
Safaricom’s market value at the Nairobi bourse has hit a new high as demand for the telco’s stock continues to outweigh supply.
The firm’s valuation at the Nairobi Securities Exchange has risen by Sh104.17 billion year to date, closing yesterday at Sh1.476 trillion.
The telecommunication company’s share price closed at a new average all-time high of Sh36.85, representing a 7.6 per cent gain on the year to date. The stock hit a peak of Sh37.2 on intra-day trading, from…
