Safaricom plan to rival Uber propels stock - News Summed Up

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Safaricom plan to rival Uber propels stock


Safari com traded 21.015 million shares worth Sh384.030 million. BAT traded 1.313 million shares (1.313 per cent of its shares) worth Sh1.083 billion, all at Sh825.00, -1.43 per cent. I expect the ''rump'' of the rights issue to be fully taken up by international investors who have positioned to enter the stock on this long-awaited liquidity event. EABL firmed +0.33 per cent to close at Sh301.00 and saw good volume action of 2.164 million shares worth Sh651.453 million. The last day for the KenGen rights issue is today.


Source: The Star June 10, 2016 01:18 UTC



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