Large caps tighten grip on bourse in quarter three

Capital Markets Authority CEO Paul Muthaura. FILE PHOTO | NMG

The wealth of investors at the Nairobi bourse continued to be concentrated in five blue-chips in the quarter ended September, underlining the struggle by the regulator to attract large firms.

Safaricom #ticker:SCOM, East African Breweries #ticker:EABL, Equity #ticker:EQTY, KCB #ticker:KCB and British American Tobacco (BAT) Kenya #ticker:BAT marginally increased their share at the Nairobi Securities Exchange to an average of 65.88 per cent from 65.67 per cent.

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Note: The results are not exact but very close to the actual.