African Stock Exchanges

SCOM - Safaricom Plc

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SCOM share price on Nairobi Securities ExchangeSCOM share price on Nairobi Securities Exchange

Safaricom Plc is a Kenyan telecommunications company engaged in the provision of SMS, voice, data, Internet, and M-PESA services. The company also offers a range of devices, such as mobile handsets, mobile broadband modems, routers, tablets, notebooks and laptop computers. With a range of pricing plans on prepaid and postpaid options, Safaricom offers a variety of messaging services bundled with SMS and/or data services, which includes video messaging and SMS-based promotions. The company offers high-speed data connectivity for access to email, Internet, and corporate connectivity through fixed and mobile broadband. Safaricom distributes its products and services through a dealership network of approximately 2,700 outlets.

Safaricom Plc is listed on the Nairobi Securities Exchange (NSE) since June 9th, 2008. Safaricom is traded on the NSE under the ticker symbol “SCOM”. The International Securities Identification Number (ISIN) of NSE:SCOM is KE1000001402. Safaricom Plc is currently the #1 most valuable stock on the NSE with a market capitalization of KES 1 trillion, which is about 51.6% of the entire Nairobi Securities Exchange equity market.

SCOM25.05 ▴ 0.10 (0.4%)
2 days ago
Last Trading Results
Opening Price
Day’s Low Price24.90
Day’s High Price26.45
Traded Volume15.2M
Number of Deals248
Gross Turnover380M
Growth & Valuation
Earnings Per Share1.74
Price/Earning Ratio14.40
Dividend Per Share
Dividend Yield
Shares Outstanding40.1B
Market Capitalization1T
Monetary values are quoted in Kenyan Shilling (KES) unless otherwise stated

SCOM Stock Market Performance


The current share price of Safaricom Plc (SCOM) is KES 25.05. SCOM closed its last trading day (Friday, July 1, 2022) at 25.05 KES per share on the Nairobi Securities Exchange (NSE), recording a 0.4% gain over its previous closing price of 24.95 KES. Safaricom began the year with a share price of 37.95 KES but has since lost 34% off that price valuation, ranking it 59th on the NSE in terms of year-to-date performance.

Safaricom is the #1 most traded stock on the Nairobi Securities Exchange over the past three months (Mar 29 - Jul 1, 2022). SCOM has traded a total volume of 550 million shares—in 19,602 deals—valued at KES 15.7 billion over the period, with an average of 8.73 million traded shares per session. A volume high of 36.1 million was achieved on June 24th, and a low of 382,700 on May 5th, for the same period. The table below details the last 10 trading days of activity of Safaricom on the Nairobi Securities Exchange.


Profile of Safaricom Plc

Safaricom Plc was founded on October 23, 2000 and operates in the Telecommunications sector, specifically, the Mobile Telecommunications industry. Safaricom contracts an estimated total number of 5,500 employees.

Factsheet of Safaricom Plc

Mobile Telecommunications
Safaricom House, Waiyaki Way, Westlands, P.O. Box 66827, 00800, Nairobi, Kenya
+254-204-274-524, +254-722-003-272

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

Comments (28)

  1. walterwalter
    Jun 26, 2022 14:08 GMT

    i need urgent advice from experts, whether i can buy them now or can i still wait till they reduce further ?and how further care they likely to fall? are they likely to fall below ksh 20? what are these factors that are making the price fall?

    kindly any lead will be appreciated greatly

  2. ShadrackShadrack
    May 25, 2022 17:46 GMT

    Hello please I need to buy shares from safaricom..
    How much must I have exactly to do the process and buying my shares?

    1. mzena Ntoithamzena Ntoitha
      May 31, 2022 12:56 GMT

      Do you have a CDS account? if not, choose a broker and have then open an account for you. from there you can spot a good entry point and start trading. Currently the price has gone down significantly and would give you an optimal chance.

      my advice though. you are under no obligation to follow it.

  3. DouglasDouglas
    Jun 21, 2022 17:16 GMT

    These safaricom shares are on a free fall. And, according to the tread, it seems this will continue. Waah!

    1. walterwalter
      Jun 26, 2022 14:06 GMT

      i need urgent advice from experts, whether i can buy them now or can i still wait till they reduce further ?and how further care they likely to fall? are they likely to fall below ksh 20? what are these factors that are making the price fall?

  4. Francis wahinyaFrancis wahinya
    Oct 17, 2020 19:24 GMT

    I want to join safaricom buying of shares

    May 5, 2022 14:13 GMT

    What influences the continous drop in safcom stock price recently?

    1. peterpeter
      May 24, 2022 15:09 GMT

      I think given the huge number of foreign investors and pending elections, that is the factor. Foreign investors will always fear election might turn nasty and protracted affecting business and other macroeconomic dynamics so they sell and take their money offshore for wait and see what happens. I wont be surprised that after elections and swearing in, the shares will start climbing again and go all the way to 50 bob a share . This is the best time to invest in these shares for those who have cash

  6. Tracy AdhiamboTracy Adhiambo
    Nov 18, 2020 18:04 GMT

    How do I buy safaricom shares

    1. Gabriel GGabriel G
      Mar 25, 2021 14:38 GMT

      To buy Safaricom shares, you first need to open a stock trading account called CDS account. You can open the account through a stockbroker or an investment bank. Once you open the CDS account, decide the number of Safaricom shares you want to buy and place your order.

      There are different order types investors can choose from when buying shares on the Nairobi Securities Exchange. If you want to buy Safaricom shares quickly, it’s best to place a Market order type as it executes immediately. On the other hand, if you prefer to buy Safaricom shares at a specific price, then you should place a Limit order type.

  7. Philip KilonzoPhilip Kilonzo
    Jan 1, 2022 20:55 GMT

    How can I get safaricom shares after opening CDS account please?

  8. Abara GeoffreyAbara Geoffrey
    Jun 17, 2021 12:26 GMT

    I am a Ugandan, a shareholder with Safaricom. I bought 7500 share during the IPO. But for many many years now, I have not got my dividend! Last year, I raised this issue and I was advised to change the mode of payment. I filled an indemnity & opt-in forms, providing all the required information but still, nothing has changed; I haven't got any payment yet! What could be the challenge?


    Abara Geoffrey.

    Jan 26, 2021 11:37 GMT

    Safaricom remains the most important stock in the market, one which will never fail any investor

  10. Haji Abdirizack IssackHaji Abdirizack Issack
    Jul 8, 2020 03:38 GMT

    When and how does SCOM pay dividend?

    1. MMKMMK
      Sep 29, 2020 09:26 GMT

      SCOM Payment of KES 1.40 first and final dividend Aug 30 2020

      The mode of payment can be EFT, Mpesa or by cheque depending on what you select

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