Safaricom’s #ticker:SCOM share of combined investor wealth at the Nairobi Securities Exchange (NSE) touched a high of 63 percent yesterday after days of a steady rise in its stock prices in a period that has seen other dominant counters shed value.
The telco claimed at least half of the market wealth a year ago and has been deepening its share of the NSE wealth since then, a dominance that is making it difficult for investors to gauge the performance of the bourse.
