Kenya: Safaricom Has Highest Market Capitalisation, Hits Sh388 Billion

2 November 2013

The Nairobi all share rallied +0.472% to close at 133.87 and set a fresh all time closing high. The Nairobi all share has rallied +2.401% this week, +7.388% since Westgate and is +41.123% in 2013.

The Nairobi NSE20 eased 2.91 points to close at 4989.97 but is girding itself and will hurdle 5,000 convincingly and as soon as next week. Equity turnover was 610.248m and caps off a busy week notwithstanding that one session was lost this week because of a systems outage.Safaricom set an all time closing high for the second consecutive session and ahead of its H1 earnings release as early as next week.

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