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NSE investors reap Sh25bn from small-cap stocks
Nairobi Securities Exchange (NSE) on the trading floor of the Exchange building. The Nairobi Securities Exchange (NSE) incubator programme, Ibuka has struggled to revive listings on the bourse more than five years since launching in December 2018. FILE PHOTO | NMG
Stocks of Nairobi Securities Exchange (NSE) firms valued below Sh4 billion dominate the list of counters that have created paper money for investors this year, defying the prevailing plunge in the equities.
Fifteen of the 24 firms that have gained in value since the start of the year include Kapchorua, Kenya Orchards, Eveready, HF Group and Flame Tree in a market where top five large stocks — Safaricom, Equity, Co-operative Bank, KCB, and East African Breweries— have shed value since January.
