: Remained a dominant force in the market, benefiting from its digital economy cornerstone status. In May 2017, the company saw a major investment from Vodacom, which acquired a 34.94% stake.
The banking sector was a focal point for 2017 investors, though it faced challenges like the interest rate cap law. best shares to buy in kenya 2017
: Emerging as a strong growth play, KenGen shares rose from roughly KSh 3.64 to KSh 10.25 during this period. Banking and Finance : Remained a dominant force in the market,
: Remained one of the most expensive and highly valued stocks on the exchange, often favored for its insurance market dominance. Recovery and Turnaround Situations : Emerging as a strong growth play, KenGen
Several stocks were noted for either massive restructuring or significant price movements:
The year 2017 was a period of significant volatility for the Nairobi Securities Exchange (NSE), primarily due to political uncertainty surrounding the general elections and the subsequent Supreme Court nullification of the presidential results. Despite these headwinds, the market showed a strong rebound from previous years, with the NSE All Share Index (NSEASI) recording a gain of 23.0% year-to-date by November 2017. Top Performers and Blue-Chip Favorites
: The NSE 20 Share Index suffered in August and September 2017 due to fears of a constitutional crisis following the annulled election.
