Stocks of Kenya's bourse Nairobi Securities Exchange (NSE) firms valued below Ksh4 billion ($26.7 million) 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.
