Investing in stocks has become popular money to raise funds. Today there are many favorable stock markets for business people to invest in and the Kenyan stock market is among them. Investing in Kenyan stocks is considered a pretty much profitable way to gain financial freedom. AS technologies develop and time changes people have found many different ways to achieve financial stability and grow money but still, stock markets that have always been operating successfully remain a lucrative way to obtain funds. 

Last year it was predicted that the Kenyan stock market would experience even more success compared to previous years but then the pandemic started and the lockdown affected both local and global markets. COVID-19 and its influence is the main reason why Nigerians stock market may not be as fortunate as it was initially believed but even with current challenges, investors can gain lots of benefits if they decide to invest in this industry.

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The success of the Kenyan stock market 

Now if you take a look at the stock prices of the Nairobi Securities Exchange (NSE) you may even think that nothing has changed in the business of buying stocks because currently there are a number of stocks that are considered to be performing effectively. Their amount of dividend and market price is also convenient for everybody who wants to purchase the stocks. And forex traders are sometimes among those people.

Even though the foreign exchange market can operate without getting involved in the stock market, considering some of its advantages many forex traders are keeping an eye on the stock market as well. However, the forex market in this country is thriving as well and there are many regulated forex brokers in Kenya. Therefore, the demand for fx trading is still growing in Kenya but it doesn’t mean that people who take part in the forex industry won’t invest in the stock market as well because there are lots of opportunities to buy the best shares in Kenya for those who are looking for some profitable ways to invest. 

Considering some factors, like the inflation rate in Kenya which is staying within 6-8% or even lower steadily, currently, stocks are predicted to do well, and therefore, anyone who chooses to invest in shares is making a huge profit. Now we will try to provide you with some information about the companies that perform the best and therefore, that is considered a good idea to invest in. 

Top-performing stocks to invest in Kenya

The first Kenyan company that is believed to be worth investing in is Safaricom. It has been really popular because of an excellent-quality service especially for those who like taking advantage of M-Pesa services. The revenue of this company has been rapidly increasing for the past several years. What makes the company outstanding is that it had a volume of almost 10 million shares traded, which is a record on the NSE stock market, the leading stock exchange of the whole continent. 

Another popular stock exchange market in Kenya is Equity Group Holdings. It’s widely considered the most innovative market on the continent as it has adopted several technologies to run its operations. Specifically, the company has invested in developing agency banking, and also, they plan to expand even more by focusing on small and midsize enterprises.

And lastly, one more best-performing stock market in Kenya is East African Breweries Limited (EABL) which is focused on manufacturing and trading of beverages. They are oriented on increasing productive operations across their investments. But apart from these companies, there are many other effective stock markets in Kenya, and therefore, before you start investing in.