Top 25 most valuable stocks on Nairobi Stock Exchange

At a Glance

• The Nairobi Stock Exchange (NSE) has a total market capitalization of $15.72 billion, with leading stocks shaping investor sentiment and market trends.
• Safaricom Plc leads with a $5.48 billion valuation, followed by Equity Group Holdings, $1.39 billion and EABL ($1.13 billion) as Kenya’s most valuable publicly traded firms.
• Kenya’s top 25 NSE stocks play a vital role in capital formation and investment, with the financial and telecom sectors dominating the market’s overall performance.

The Nairobi Stock Exchange (NSE) is one of Africa’s leading financial markets, serving as a crucial hub for capital formation and investment in Kenya, the largest economy in the East African Community.

With a history spanning decades, the NSE has grown into a well-regulated marketplace, facilitating economic growth by enabling businesses to access capital while offering investors diverse wealth-building opportunities.

The exchange boasts a total market capitalization of Ksh 2.036 trillion ($15.72 billion), reflecting its significance in the region’s financial landscape. Its performance is influenced by Kenya’s economic fundamentals, industry trends, and global market shifts.

Shore.Africa has highlighted the NSE’s 25 most valuable stocks, which play a pivotal role in shaping market trends and influencing investor sentiment.

1. Safaricom Plc.
   Market Cap.: Ksh711 billion($5.48 billion)
   
   
2. Equity Group Holdings Limited
   Market cap.: Ksh 180 billion($1.39 billion)
   
   
3. East African Breweries PLC
   Market cap.:Ksh 146.69 billion($1.13 billion)
   
   
4. KCB Group
   Market Cap.: Ksh 135 billion($1.04 billion)
   
   
5. ABSA Bank Kenya Plc
   Market Cap.: Ksh 103 billion($794.12 million)
   
   
6. Standard Chartered Bank Limited
   Market Cap.: Ksh 102 billion($786.41 million)
   
   
7. Co-operative Bank of Kenya Limited
   Market Cap.: Ksh 88.3 billion($678.47 million)
   
   
8. NCBA Group Plc
   Market Cap.:Ksh 85.3 billion($657.65 million)
   
   
9. Stanbic Holdings Limited
   Market Cap.:Ksh 63.4 billion($488.81 million)
   
   
10. I&M Holdings Plc
    Market Cap.:Ksh 58 billion($447.17 million)
    
    
11. British American Tobacco Kenya
    Market Cap.: Ksh 36.98 billion($285.11 million)
    
    
12. KenGen Plc
    Market Cap.:Ksh33.1 billion($255.69 million)
    
    
13. BK Group Plc
    Market Cap.:Ksh31.8 billion($245.59 million)
    
    
14. Kenya Airways Limited
    Market Cap.: Ksh 30.1 billion($232.44 million)
    
    
15. Umeme Limited
    Market Cap.: Ksh 27.6 billion($213.14 million)
    
    
16. Diamond Trust Bank Kenya Limited
    Market Cap.: Ksh22.2 billion($171.56 million)
    
    
17. Britam Holdings Limited
    Market Cap.: Ksh19.4 billion($149.9 million)
    
    
18. Bamburi Cement Limited
    Market Cap.: Ksh 17.1 billion($132.13 million)
    
    
19. Jubilee Holdings Limited
    Market Cap.: Ksh16 billion($123.59 million)
    
    
20. Kenya Power & Lighting Company
    Market Cap.: Ksh 12.7 billion($98.1 million)
    
    
21. Centum Investment Company
    Market Cap.: Ksh8.09 billion($62.49 million)
    
    
22. Kakuzi Plc
    Market Cap.: Ksh7.84 billion($60.55 million)
    
    
23. CIC Insurance Group Limited
    Market Cap.: Ksh7.64 billion($59 million)
    
    
24. Laptrust Imara Income-REIT
    Market Cap.: Ksh6.92 billion($53.42 million)
    
    
25. ARM Cement Limited
    Market Cap.: Ksh 5.33 billion($41.16 million)