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 597 billion, which is about 39.4% of the entire Nairobi Securities Exchange equity market.

SCOM14.90 ▾ 0.05 (0.33%)
2 hours ago
Last Trading Results
Opening Price
Day’s Low Price14.80
Day’s High Price14.95
Traded Volume299,700
Number of Deals163
Gross Turnover4.46M
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding40.1B
Market Capitalization597B
Monetary values are quoted in Kenyan Shilling (KES) unless otherwise stated

SCOM Stock Market Performance

1WK4WK3MO
-3.25%-3.56%-14.9%
6MO1YRYTD
-21%-45.8%-38.3%

The current share price of Safaricom Plc (SCOM) is KES 14.90. SCOM closed its last trading day (Tuesday, September 26, 2023) at 14.90 KES per share on the Nairobi Securities Exchange (NSE), recording a 0.3% drop from its previous closing price of 14.95 KES. Safaricom began the year with a share price of 24.15 KES but has since lost 38.3% 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 (Jun 30 - Sep 26, 2023). SCOM has traded a total volume of 511 million shares—in 12,934 deals—valued at KES 8.33 billion over the period, with an average of 8.11 million traded shares per session. A volume high of 208 million was achieved on July 28th, and a low of 299,700 on September 26th, for the same period. The table below details the last 10 trading days of activity of Safaricom on the Nairobi Securities Exchange.

DateVolumeCloseChangeChange%
2023-09-26299,70014.90-0.05-0.33%
2023-09-252,139,00014.95-0.05-0.33%
2023-09-228,289,60015.00+0.05+0.33%
2023-09-211,273,30014.95-0.05-0.33%
2023-09-2032,720,50015.00-0.40-2.60%
2023-09-19935,30015.40-0.20-1.28%
2023-09-181,446,80015.60-0.15-0.95%
2023-09-151,722,60015.75+0.25+1.61%
2023-09-1415,168,10015.50+0.20+1.31%
2023-09-138,023,60015.30

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

Sector
Telecommunications
Industry
Mobile Telecommunications
Address
Safaricom House, Waiyaki Way, Westlands, P.O. Box 66827, 00800, Nairobi, Kenya
Telephone
+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

  1. MzenaMzena
    Sep 21, 2023 12:41 GMT

    I think the current CEO is not good for the company.
    Something ain't right.

  2. MARY MBAIRE NDICHUMARY MBAIRE NDICHU
    Sep 5, 2023 05:26 GMT

    I can remember my broker telling me to sell when it was sh48 per share. I wish i sold that time, the year 2019.

  3. Brian NdunguBrian Ndungu
    Aug 17, 2023 09:25 GMT

    Safaricom is a good in network and mpesa

  4. NchuluhNchuluh
    Jul 28, 2023 17:00 GMT

    208m share traded today? Is there something that someone knows that we don't know?

    1. Douglas NcebsDouglas Ncebs
      Aug 14, 2023 10:12 GMT

      Michael Joseph also resigned from the chairmanship. Any connection?

  5. nchuluhnchuluh
    Jul 12, 2023 09:51 GMT

    It appears like Scom is on a recovery path. Hoping that the current momentum will be retained.

  6. ngetich Aron kipronongetich Aron kiprono
    Jun 8, 2023 15:07 GMT

    somehow impressing

  7. DennisDennis
    May 17, 2023 12:29 GMT

    There is also a drop on calls earning due to the use of whatsapp Calls. I See safaricom shares below Ksh.10

    1. simonsimon
      May 23, 2023 06:31 GMT

      do you think its a buy or a sell

  8. RayanRayan
    May 15, 2023 06:11 GMT

    Safaricom posts third consecutive profit fall to Sh52.5 billion.

    1. Dedan HiuhuDedan Hiuhu
      May 17, 2023 13:06 GMT

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      In this session I will share insights on;
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      This will be a one week program (Monday to Friday, excluding Sunday, Saturday will only be questions and answers)
      I will be educating/teaching you from 9.am to 3.pm by posting articles, images, PDF documents and other educational materials. From 3.pm to 8.pm the will be an open forum for discussions, questions and answers.
      NOTE: The training won’t affect your daily schedules. You can access all the information posted in your inbox at your own free time.
      To join this session it will only cost you Ksh1500 only
      This is just a small fee to enable you learn for 7 days brilliant investment strategies that can put you at an advantage during an economic recession.
      The package allows you to;
      •     Invite up to three friends to access the session for free
      •     Invite up to 4 Youths in your network to attend the session for free
      •     Schedule or request for a call
      •     Ask unlimited questions- only related to this topic
      Payment details
      •     Mpesa :0798264178 ( Dedan Maina)
      •     PayPal : blueoceangroup7@gmail.com
      Kindly also note 55% of all my consultation fees go toward my organization @ Mzazi Pacesetters which allows youth access to affordable and at times free investment advice and entrepreneur mentorship. Currently we have been operating as a grass roots society but I’m planning to launch officially so that I can scale my services to reach more youth

  9. ReubenReuben
    May 14, 2023 08:57 GMT

    Hello Mr. Dedan. I like Safaricom as a company and the share price right now has caught my attention. It's on my watchlist. I need to do valuation analysis to determine if it's trading at a discount to net asset value etc before I buy. Can you help me with that?

    1. Dedan HiuhuDedan Hiuhu
      May 17, 2023 13:03 GMT

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      Or alternatively whatsApp or call 0798264178

  10. Robert kiruiRobert kirui
    May 13, 2023 05:00 GMT

    What is the right time to sell shares?

    1. Dedan HiuhuDedan Hiuhu
      May 17, 2023 13:06 GMT

      HOW TO IMPROVE YOUR FINANCIAL ACUMEN IN TERBULENT ECONOMY
      Hello, I have prepared an online training and consultation session on how to invest profitably during an economic recession/turbulent times.
      As surprising as it may seem, investing in a recession could be a great opportunity for you.
      It can be a great idea to invest during a recession -- but only if you're in a strong enough financial position to do so and only if you have the right attitude and approach. You should never compromise your near-term financial security for long-term gain. Remember that if you're hurting financially, there's no shame in missing out on opportunities. Instead, focus on paying your bills and staying physically and mentally healthy. You can always ramp up your investments at a later point in life -- once your job is more secure, your earnings are steady, and your mind is more at ease on the whole.
      In this session I will share insights on;
      •     Understanding what an economic recession means for investors
      •     How to adjust and position your investment portfolio during an economic recession
      •     Real-world historical results of investing in recessions
      •     What to invest in during a recession or tight financial times
      •     What not to invest in during a recession
      •     Safety measures to take while investing during an economic recession
      This will be a one week program (Monday to Friday, excluding Sunday, Saturday will only be questions and answers)
      I will be educating/teaching you from 9.am to 3.pm by posting articles, images, PDF documents and other educational materials. From 3.pm to 8.pm the will be an open forum for discussions, questions and answers.
      NOTE: The training won’t affect your daily schedules. You can access all the information posted in your inbox at your own free time.
      To join this session it will only cost you Ksh1500 only
      This is just a small fee to enable you learn for 7 days brilliant investment strategies that can put you at an advantage during an economic recession.
      The package allows you to;
      •     Invite up to three friends to access the session for free
      •     Invite up to 4 Youths in your network to attend the session for free
      •     Schedule or request for a call
      •     Ask unlimited questions- only related to this topic
      Payment details
      •     Mpesa :0798264178 ( Dedan Maina)
      •     PayPal : blueoceangroup7@gmail.com
      Kindly also note 55% of all my consultation fees go toward my organization @ Mzazi Pacesetters which allows youth access to affordable and at times free investment advice and entrepreneur mentorship. Currently we have been operating as a grass roots society but I’m planning to launch officially so that I can scale my services to reach more youth

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