How can I buy Safaricom shares?

How can I buy Safaricom shares?

You can buy Safaricom shares by placing a manual order with your broker (you may need to pay them a visit) or online via the app/online shares trading platform provided by your broker. The shares you purchase will reflect in your CDSC account after 1 or 2 days.

How do I redeem Safaricom shares?

To invest, customers will redeem their points at a rate of KES 1 for every 5 points via the ‘Lipa Na Bonga’ menu on USSD *126# or MySafaricom App. Customers will then key in the Trading Participant’s paybill number followed by their CDSC (Central Depository and Settlement Corporation) account number.

How do I check my Safaricom shares?

Visit the UFAA website ( https://www.ufaa.go.ke/ ) Search account details using ID number or any other identification used in buying shares. The result will show whether Safaricom has remitted one’s dividend and the year of remittance.

How can I buy shares in Kenya?

How to buy shares in Kenya: in summary

  1. Open a CDS account– it’s free from any stock broker or investment bank.
  2. Decide the stock to buy- some choose.
  3. Choose the number of shares to buy.
  4. Complete the trade.

How much money do I need to buy Safaricom shares?

Requirements: Purchase a minimum of 500 shares at 52.5ksh. proof of payment. A Chama, a self-help group, an investment company and a Sacco.

What is the current price of Safaricom shares?

Pricing

Previous Close 41.80
Today’s Low 41.50
52 Week High 45.25
52 Week Low 30.00
Shares Out (MIL) 40,065.43

How do I open a CD account in Kenya?

What do I need to open a CDS account? You need two recently taken passport size photographs, original National ID or passport. In the case of a company you need the original certificate of incorporation, and if you are an organization registered in any other way you need the certificate of registration.

How can I invest in NSE using Bonga Points?

Here is a step by step guide on how to buy shares with Bonga Points

  1. Dial *126# (Or use mySafaricom App, under Balances, Lipa na Bonga)
  2. Go to Lipa Na Bonga Sub-menu on USSD Code.
  3. Select PayBill Option.
  4. Key in the Trading Participant’s PayBill Number.

How do I check my share account?

How to access Demat Account Statement/CAS on CDSL

  1. Open CDSL Website and Click on CAS Login; alternatively, you can log in from here.
  2. Now, Enter the PAN Card Number.
  3. Enter BO ID and Date of Birth.
  4. Verify the Captcha.
  5. Enter the OTP received on the registered Mobile Number.
  6. Click on Submit.

How much do I need to buy shares in Kenya?

How much do you need to buy shares in Kenya? You will need Ksh 1,200 to open a trading account and a monthly fee of Ksh 100 to keep it active. Depending on the stock you want to invest, you will need at least Ksh 5,000 to buy shares. Note: The minimum number of shares you can buy is 100.

How much do shares cost?

If a full-service broker is used, there will be a fee of 2% of the total trade value, with a minimum commission of $50. The total price of the shares alone is $20 * 100, or $2,000. The commission is $2,000 * 2%, or $40.

How big is the market share of Safaricom?

Safaricom Limited is a service-providing telecommunications company offering a broad range of services to its customers. The company currently enjoys a 64% market share as at December 2015, and with over twenty five million subscribers. Safaricom is primarily engaged in offering a comprehensive range of integrated telecommunication services,

What is the intrinsic value of Safaricom shares?

According to research carried out by various investment analysts, the intrinsic value of the Safaricom share ranges between KES 18.67 to KES 20.69. A consensus forecast survey carried out by 16 polled investment analysts covering Safaricom Limited concluded that the company may outperform the market.

What kind of services does Safaricom PLC offer?

Visit a quote page and your recently viewed tickers will be displayed here. Safaricom Plc engages in the provision of telecommunication services. Its services include mobile solutions, fixed line silutions, M-PESA payment solutions, calling services, and cloud and hosting services.