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 605 billion, which is about 37% of the entire Nairobi Securities Exchange equity market.

SCOM15.10 ▾ 0.45 (2.89%)
Yesterday
Last Trading Results
Opening Price
Day’s Low Price15.05
Day’s High Price15.50
Traded Volume25.6M
Number of Deals398
Gross Turnover387M
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding40.1B
Market Capitalization605B
Monetary values are quoted in Kenyan Shilling (KES) unless otherwise stated

SCOM Stock Market Performance

1WK4WK3MO
-7.93%-12.7%-7.36%
6MO1YRYTD
+12.3%-15.4%+8.63%

The current share price of Safaricom Plc (SCOM) is KES 15.10. SCOM closed its last trading day (Friday, July 26, 2024) at 15.10 KES per share on the Nairobi Securities Exchange (NSE), recording a 2.9% drop from its previous closing price of 15.55 KES. Safaricom began the year with a share price of 13.90 KES and has since gained 8.63% on that price valuation, ranking it 21st on the NSE in terms of year-to-date performance. Investors should, however, take caution of SCOM’s recent poor performance, having lost 13% of its value in the past four weeks.

Safaricom is the #1 most traded stock on the Nairobi Securities Exchange over the past three months (Apr 26 - Jul 26, 2024). SCOM has traded a total volume of 378 million shares—in 13,285 deals—valued at KES 6.57 billion over the period, with an average of 6 million traded shares per session. A volume high of 30.9 million was achieved on May 28th, and a low of 241,300 on June 14th, for the same period. The table below details the last 10 trading days of activity of Safaricom on the Nairobi Securities Exchange.

DateVolumeCloseChangeChange%
2024-07-2625,624,90015.10-0.45-2.89%
2024-07-2521,303,40015.55-0.40-2.51%
2024-07-245,218,80015.95-0.20-1.24%
2024-07-236,812,20016.15-0.05-0.31%
2024-07-225,541,90016.20-0.20-1.22%
2024-07-19432,50016.40-0.05-0.30%
2024-07-181,016,50016.45-0.30-1.79%
2024-07-171,146,20016.75-0.25-1.47%
2024-07-16928,80017.00
2024-07-1511,160,60017.00

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. Winfred MusevekiWinfred Museveki
    Jun 8, 2024 15:57 GMT

    Hello,l need to buy shares on Safaricom, where do l start?

  2. GeoffreyGeoffrey
    May 25, 2024 17:34 GMT

    I need to start safaricom shares

  3. Francis Wanjagua ThiiruFrancis Wanjagua Thiiru
    May 23, 2024 03:15 GMT

    Hi,i bought safaricom shares @17 projecting to sell @ 30,with the current trend,will this be realistic this year?am really concerned.

  4. Derickson Otala Akeng'aDerickson Otala Akeng'a
    Apr 17, 2024 10:58 GMT

    I am absolutely struggling to make ends meet and I believe by buying shares these struggles will be half solved

    1. FrankFrank
      May 7, 2024 10:43 GMT

      Yes Derickson, but think medium term( 1year) to long term (7+years utakuwa sawa.

  5. TheodoreTheodore
    Mar 28, 2024 10:46 GMT

    Interesting times @ Scom counter. The share gains over a week and every indication shows that it's on a recovery trajectory. It crosses 20 mark and go down tumbling. What will stabilize this share and give interested parties some bit of confidence? It loses more in a single day than a month's gain.

    1. Dedan MainaDedan Maina
      May 15, 2024 06:55 GMT

      This is a buy season.

      Also note giving out of dividends is not solely añ indicator of a company performing. This is only bad in the short term for Investors who are have the shares.

      There are other metrics for projecting long run ROI.

      Dedan Maina
      Investment Consultant
      +254798264178

  6. bensonbenson
    Mar 6, 2024 09:34 GMT

    This is the right time to acquire safaricom . But surprisngly In Africa,we only slaughter when the visitors come.

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

    Safaricom Board Needs to fire the CEO.

    1. Ncebere D.Ncebere D.
      Mar 4, 2024 19:34 GMT

      Safaricom's solution is another CEO. Where are people like Joshua Oigara?

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

    How to invest in scom am interested

    1. Dedan MainaDedan Maina
      May 15, 2024 06:56 GMT

      Kindly contact me and will advise you strategically, taking you through the process

      Dedan Maina
      Investment Consultant
      +254798264178

  9. TESTYTESTY
    Nov 14, 2023 23:36 GMT

    HOW DO I BUY SAFARICOM SHARES????

    1. Dedan MainaDedan Maina
      Mar 22, 2024 18:40 GMT

      Kindly contact me and I will advise you accordingly.
      *JUST FOR THE RECORD:*

      By end of this year, The Nairobi Securities Exchange (NSE) will likely be the best perform ining bourse in Africa and possibly among the best 3 in the world.

      Qualitative easing by the US Federal Reserve (FED) of lowering the base rate will be the most consequential variable. Safaricom, Equity Bank, KCB and other high capitalised stocks will play a major role since they're attractive to foreign capital inflow.

      Easing of domestic interest rates will also cause a shift from fixed income instruments to stocks.

      *Kindly note this is the observation and projection by Ndindi Nyoro, Kiharu Mp. He is a reputable stocks Investment guru who made his fortune through stocks, he is run a successful stocks brokerage company before joining politics*

      Dedan Maina
      Investment Consultant.
      +254798264178

  10. 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

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