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Gains from NSE dead stocks beat blue-chip firms in 2024
Among the larger stocks, the leading gainers’ list has been dominated by banks, led by KCB Group and I&M Holdings at 81 percent, to Sh39.50 and Sh32.10 per share, respectively.
Penny stocks at the Nairobi Securities Exchange (NSE) were the surprise top gainers this year, helped by speculative trading and a return to profits that boosted their dividend earnings.
East Africa Portland Cement (EAPC) led the market with share price gains of 306.9 percent in the year to date, followed by Kenya Orchards (259 percent) and Kenya Power at 182.4 percent.
