African Stock Exchanges

SCOM - Safaricom Plc

Twitter · Facebook
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 551 billion, which is about 37.4% of the entire Nairobi Securities Exchange equity market.

SCOM13.75 ▴ 0.35 (2.61%)
Yesterday
Last Trading Results
Opening Price
Day’s Low Price13.35
Day’s High Price14.00
Traded Volume2.03M
Number of Deals157
Gross Turnover27.9M
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding40.1B
Market Capitalization551B
Monetary values are quoted in Kenyan Shilling (KES) unless otherwise stated

SCOM Stock Market Performance

1WK4WK3MO
+2.61%+4.96%+0.36%
6MO1YRYTD
-12.7%-41.4%-1.08%

The current share price of Safaricom Plc (SCOM) is KES 13.75. SCOM closed its last trading day (Monday, February 26, 2024) at 13.75 KES per share on the Nairobi Securities Exchange (NSE), recording a 2.6% gain over its previous closing price of 13.40 KES. Safaricom began the year with a share price of 13.90 KES but has since lost 1.08% off that price valuation, ranking it 39th 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 (Nov 24, 2023 - Feb 26, 2024). SCOM has traded a total volume of 376 million shares valued at KES 5.19 billion over the period, with an average of 5.96 million traded shares per session. A volume high of 59.7 million was achieved on December 6th, and a low of 176,500 on January 2nd, for the same period. The table below details the last 10 trading days of activity of Safaricom on the Nairobi Securities Exchange.

DateVolumeCloseChangeChange%
2024-02-262,030,60013.75+0.35+2.61%
2024-02-231,801,50013.40
2024-02-2219,041,80013.40
2024-02-214,540,90013.40-0.10-0.74%
2024-02-20494,00013.50+0.10+0.75%
2024-02-19480,60013.40+0.30+2.29%
2024-02-1611,761,40013.10+0.05+0.38%
2024-02-1514,330,20013.05+0.05+0.38%
2024-02-141,334,30013.00-0.20-1.52%
2024-02-1322,076,60013.20

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. Abdullahi MuhidinAbdullahi Muhidin
    Feb 12, 2024 12:15 GMT

    Safaricom Board Needs to fire the CEO.

    1. LeoLeo
      Feb 14, 2024 14:55 GMT

      Yeah, something ain't right here.

  2. mary atieno Owitimary atieno Owiti
    Jan 16, 2024 06:18 GMT

    How to invest in scom am interested

    1. Mayian tumankaMayian tumanka
      Jan 19, 2024 06:57 GMT

      I'm interested in buying shares and trading

  3. TESTYTESTY
    Nov 14, 2023 23:36 GMT

    HOW DO I BUY SAFARICOM SHARES????

    1. IanIan
      Jan 19, 2024 06:03 GMT

      Kindly contact me on +254720292800 for assistance.

  4. TigerwoodTigerwood
    Nov 14, 2023 19:46 GMT

    How do I start all this new way of life, can someone please advise.

    1. SteveSteve
      Dec 19, 2023 18:30 GMT

      How do I also start,where do I even start

  5. PexxyPexxy
    Nov 8, 2023 09:32 GMT

    What eventually will happen with Safaricom shares

    1. peter langatpeter langat
      Nov 8, 2023 11:10 GMT

      The SCOM share shall eventually bounce back

  6. D NchebereD Nchebere
    Oct 25, 2023 12:38 GMT

    Safaricom CEO needs to go on a facts' finding mission on what they are not doing right. Safaricom shares can't just go down like this. What's the problem?

    1. rhodah Saisirhodah Saisi
      Dec 11, 2023 02:54 GMT

      It is not fair to put all the blame on the CEO considering the business macro environment in Kenya plus the rising interest rates of US which means there is a lot of capital flight from foreign investors. The fundamentals of Safaricom are not badly off.

  7. Mason juniorMason junior
    Oct 24, 2023 12:09 GMT

    What's wrong with this Safaricom shares bought 12k shares @17not @12.90 (loss of 50k)
    Should I sell to avoid more losses or I hold a little more

    1. LeonardLeonard
      Oct 27, 2023 14:39 GMT

      Hold on. You are at a better position than some of us.
      I bought mine @27 and am hoping for a more favourable exit.
      Yours is a few cents loss and you will be at a better position by march next year.
      My advice though!

  8. AllanAllan
    Oct 25, 2023 16:46 GMT

    Best shares to trade NOW are small-cap stocks. Fifteen of the 24 firms that have gained in value since the start of the year include HF Group, Kapchorua, Kenya Orchards, Eveready and Flame Tree.
    Big stocks like Safaricom, Equity, Co-operative Bank, KCB, and East African Breweries have shed value since January 2023.

    It's NOT that difficult Safaricom trading below Ksh.10

    1. Cay_ledCay_led
      Nov 24, 2023 09:45 GMT

      I am a beginner how do I start buying

  9. HELLEN WANYONYIHELLEN WANYONYI
    Oct 16, 2023 13:38 GMT

    I BOUGHT SAFARICOM SHARES WHEN TO SOLD ITS SHARES AT KSHS.500 AS AN INDIVIDUAL AS WELL AS A GROUP . WE LATER SOLD IT AT 36/- PER SHARE AND REAPED GOOD HARVEST; PAID UNIVERSITY FEES FOR MY SON. THOSE WHO WANT TO PULL OUT I ADVICE YOU TO TARRY IN THERE.....ME I CANT MISS ON SAFARICOM SHARES IT IS SMART DEAL.I ADVISED MY NICE TO BUY SOME.

    1. MayianMayian
      Jan 19, 2024 07:01 GMT

      Yes it is the right time

  10. HELLEN WANYONYIHELLEN WANYONYI
    Oct 16, 2023 13:46 GMT

    AM COMING BACK WITH MEMBERS OF CHAMA MY ADVICE IS THEY SHOULD NOT BE IN HURRY TO REAP!!!! WE REAPED AFTER SOME YEARS BUT IN ABUNDANCE.

NOTE: You are replying to 's comment. [Cancel]