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Small companies lead in price gains at exchange
Securities trader Mbuthia Irungu at Nairobi Securities Exchange (NSE) trading floor at the Exchange building in Nairobi on August 26, 2020. PHOTO | SALATON NJAU | NMG
Smaller firms at the Nairobi Securities Exchange (NSE) are leading the market in price gains this year, giving their investors a return of up to 60 percent at a time larger stocks are in the red due to foreign investor selling.
The top 10 gainers in the market since January are mainly firms with a small market capitalisation, including Limuru Tea, Crown Paints, Olympia Capital, Sasini, and Sameer.
