Safaricom valuation hits Sh1.2trn as share rises to all-time high

Safaricom now has a Sh1.232 trillion market valuation. FILE PHOTO | NMG

Telecoms operator Safaricom #ticker:SCOM on Tuesday closed trading at an all-time high of Sh30.75 as investors looking to benefit from the company’s year-end results jostled to take positions ahead of next week’s closure of the books.  

Safaricom had initially touched a high of Sh31.25, having opened trading at Sh30.

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