Investors in 2017 found the most stability and growth in large-cap "blue-chip" companies, which maintained strong fundamentals despite market swings.
: 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.
: Emerging as a strong growth play, KenGen shares rose from roughly KSh 3.64 to KSh 10.25 during this period. Banking and Finance best shares to buy in kenya 2017
: Traded to new all-time highs of KSh 27.95 during the year and issued its third bonus share issue since 2012.
: Highlighted for its massive year-to-date gains, although it remained a more volatile "penny stock" option for high-risk investors. Market Risks in 2017 Investors in 2017 found the most stability and
: A prolonged drought impacted food and energy prices, driving inflation to a five-year high of 10.3% in March 2017, which dampened overall private sector credit growth. Co-operative Bank of Kenya
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 : Emerging as a strong growth play, KenGen
The banking sector was a focal point for 2017 investors, though it faced challenges like the interest rate cap law.