Top-tier lenders KCB, Equity, Co-operative and Barclays topped list of best stocks for investors in the January to March period as surveyed by upstart fund manager Cytonn Investments. Top-tier Standard Chartered climbed to seventh from ninth in the overall score for 2015 as mid-sized Diamond Trust dropped three places to position six. The quarterly report, which analyses the present and future value of the 11 banks listed on the Nairobi Securities Exchange, ranks National Bank and Housing Finance Group the least attractive stocks – unchanged from their overall full-year scores for 2015. Deposits hit Sh2 trillion mark, a growth of 11.1 per cent over Sh1.8 trillion in March 2015. CfC Stanbic dropped to ninth from sixth position in full-year 2015, while NIC Group remained rooted at position eight.

Source: The Star June 21, 2016 04:30 UTC