Top gainers in percentage terms include Car & General at 325 percent to Sh217 per share, Britam at 94 percent to Sh17.65 and Africa Mega Agricorp at 76.2 percent to Sh124.75.
Nine small-cap stocks at NSE shed Sh2.25 billion in valuation this year, driven by insolvency and price corrections after 2025 gains. Illiquid small-caps with negative equity signal structural weakness; concentration exposes portfolios to extended recovery periods.
By
Charles Mwaniki
Business Reporter
Nation Media Group
Nine small stocks at the Nairobi Securities Exchange (NSE) have shed Sh2.25 billion in valuation this year, bucking the trend in the general market rally that has handed investors in other companies Sh1 trillion in gains in paper wealth.
The billionaire investors include bank executives James Mwangi and Gideon Muriuki, the Kenyatta and Ndegwa families.
The large blue chips tend to have a larger exposure to foreign investors due to high liquidity, which supports large ticket…
By the end of March, the collective investment schemes had Sh851.7 billion in assets under management, held by 3.63 million…
