Safaricom share rallies NSE to a 12-month high

Safaricom headquarters on Nairobi’s Waiyaki Way. PHOTO | DIANA NGILA

The value of investor wealth on the Nairobi Securities Exchange (NSE) hit a year high of Sh2.5 trillion on Friday, lifted by a record rally of the Safaricom #ticker:SCOM share price.

The Safaricom share touched a new all-time high of Sh38.50 in Friday’s trading following the announcement of a Sh0.45 per interim dividend, lifting the Nairobi bourse to levels last seen in February last year before the first case of the coronavirus was reported in the country.

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