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The Nairobi Securities Exchange (NSE) sustained its bearish run in 2016 condemning 59 stocks into red. Only five stocks survived the headwinds to shoot into the green. KenolKobil has gained 46 per cent while Kenya Airways has grown its share price by 22 per cent. Safaricom follows by 15 per cent gain. Longhorn Publishers (8 per cent) and British American Tobacco with 7 per cent gain closes the list of the stocks that avoided the red in a year that saw value of transactions also drop.
Since January, most of the sectors have lost at least a third of their share value. Against this backdrop, here are the stocks that bled most as at December 20, 2016 data.
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