Top Performing Companies in Kenya’s Stock Market – 2025.
The Kenyan stock market commenced 2025 with notable growth, reflecting increased investor confidence. The Nairobi Securities Exchange (NSE) witnessed a substantial rise in market capitalisation, climbing from KSh 1.9 trillion at the end of 2024 to KSh 2.077 trillion by January 2025. This surge translated into a gain of KSh 177 billion in stock value within just one month.
As of January 28, 2025, the NSE maintained its upward trajectory, reinforcing its strong performance since the final trading session of 2024. The NSE All Share Index (NASI) advanced by 7.13%, increasing from 123.48 to 132.28. Similarly, the NSE 20 Share Index rose by 8.97%, moving from 2010.65 to 2190.92. The NSE 25 Share Index recorded a 4.91% rise, growing from 3402.80 to 3569.94, while the NSE 10 Share Index expanded by 5.22%, progressing from 1302.31 to 1370.37.
Market capitalisation experienced significant expansion, reaching KSh 2.077 trillion from KSh 1.97 trillion, a 5.58% increase as of January 28. This consistent growth across indices suggested that investor sentiment remained optimistic, possibly driven by improved economic conditions, stronger corporate earnings, and heightened participation from both domestic and foreign investors.
Best Performing Stocks in January 2025
Among the standout stocks, Kenya Power and Lighting Company (KPLC) emerged as the best performer, recording a 41.91% increase in January alone and an impressive 357.14% growth over the past year. This remarkable rise indicated that an investment of KSh 10,000 in KPLC shares a year ago would now be worth KSh 45,714.
East African Cables Ltd (E.A. Cables) demonstrated the highest monthly gain, soaring by 90%, while Home Afrika Ltd also showed robust growth with a 65.71% increase. Other stocks such as TransCentury Ltd and Flame Tree Group Holdings Ltd recorded gains of 43.04% and 48.06%, respectively, in January.
Conversely, some companies experienced minor declines despite their strong yearly performances. For instance, East African Portland Cement Ltd (E.A. Portland) dropped by 9.68% in January, even though it had achieved a 250% gain over the past year. Similarly, I&M Holdings PLC recorded a 10.26% decline for the month but had doubled in value within a year.
Notable Stock Performance Metrics
The table below highlights the best-performing stocks at the NSE based on their price changes over the last month and year as of January 28, 2025:
| Stock Symbol | Company Name | 1-Year Perf (%) | 1-Month Perf (%) | Current Price (KSh) |
|---|---|---|---|---|
| KPLC | Kenya Power and Lighting Company | +357.14% | +41.91% | 6.40 |
| PORT | E.A. Portland Cement Ltd | +250.00% | -9.68% | 28.00 |
| TCL | TransCentury Ltd | +135.42% | +43.04% | 1.13 |
| CABL | E.A. Cables Ltd | +115.46% | +90.00% | 2.09 |
| KCB | KCB Group Ltd | +115.37% | +10.37% | 44.15 |
| KEGN | KenGen Ltd | +106.00% | +11.81% | 4.07 |
| IMH | I&M Holdings PLC | +100.00% | -10.26% | 35.00 |
| HFCK | HF Group Ltd | +99.43% | +65.48% | 7.00 |
| EABL | East African Breweries PLC | +85.71% | +7.29% | 195.00 |
| SCBK | Standard Chartered Bank Kenya | +74.69% | -0.70% | 283.00 |
| BRIT | Britam Holdings PLC | +62.00% | +24.62% | 8.10 |
| HAFR | Home Afrika Ltd | +56.76% | +65.71% | 0.58 |
| ABSA | Absa Bank Kenya PLC | +55.17% | +3.45% | 18.00 |
| FTGH | Flame Tree Group Holdings Ltd | +57.14% | +48.06% | 1.54 |
| DTK | Diamond Trust Bank Kenya Ltd | +40.70% | +1.45% | 70.00 |
Conclusion
The robust stock market performance in January 2025 indicated strong investor confidence and positive economic outlooks. Companies such as Kenya Power, East African Cables, and Home Afrika led the way with substantial monthly gains. Despite some stocks experiencing minor declines in January, their long-term performance remained highly favorable, with several companies doubling or tripling investors’ wealth over the past year. The overall upward trend of the NSE suggested promising opportunities for both local and international investors in the Kenyan stock market.
Top Performing Companies in Kenya’s Stock Market – 2025.
