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Home African Markets

Lonhorn leads in absolute gains at the NSE.

The Trading Room by The Trading Room
in African Markets, NSE
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Lonhorn leads in absolute gains at the NSE.

Longhorn has led in absolute gains at the NSE [YTD]

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Longhorn Publishers Plc has had the highest investor returns on absolute gains since the year began. In a recent report by Rich Management, the listed publishing house has had an investor return of 60.52% since the year began.

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On the first day of trading this year, LKL closed at Kes. 4.64 per share and it has risen in gains to close last Friday at Kes. 7.40 per share.

Other remarkable counters that have seen a fair rise in investor portfolio gains include:

  • Kakuzi Plc which is currently trading at Kes 423.00 per share has moved up 356.53% since the year began
  • Safaricom Plc which has edged 26.35% since the year began
  • HF Group which has added a 25.27% (YTD)
  • East African Portland Cement Company 15.63% (YTD)

This implies that despite the bear run which has hit on some of the counters since 2016, the NSE still has variety of stocks with potential investor returns.

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