Safaricom securities exchange dominance falls to 40.6 percent

Safaricom Plc's dominance of wealth at the Nairobi Securities Exchange (NSE) dropped further in the quarter to June when it represented 40.6 percent of the total market capitalisation.

While the company retains its position as the most valuable firm, its capitalisation as a percentage of the total NSE valuation has been declining, dropping from 56 percent in a similar quarter last year.