Top 7 Performing NSE Stocks in October 2026

Olympia Capital Holdings was the best-performing stock at the Nairobi Securities Exchange (NSE) in October 2026, recording a 155.28% increase in its share price in one month.

The company's shares rose from Ksh7.58 on October 1, the first trading day of the month, to Ksh19.35 by October 30, the last trading day.

Kenya Pipeline Company (KPC) was also among the top-performing stocks for the month, with its share price gaining 65.93% over the same period, amid news that Nigerian billionaire Aliko Dangote had acquired a 24.76% stake in the state-owned petroleum distributor.

Here are the top-performing stocks between October 1 and October 30, 2026, and how much an investment of Ksh100,000 would have gained during the month.

Also Read: Top 10 Best-Performing NSE Stocks in September 2026

1. Olympia Capital Holdings – 155.28%

Olympia Capital Holdings was the biggest gainer at the NSE in October, with its share price rising from Ksh7.58 on October 1 to Ksh19.35 on October 30, representing a 155.28% increase.

The sharp rally followed increased investor interest after Kiharu MP Ndindi Nyoro emerged as a major shareholder in the company through his investment vehicle, Limpopo Capital Limited.

Nyoro acquired 3,982,253 shares, representing a 9.76% stake in Olympia Capital. The investment attracted attention after the company's share price nearly doubled within two hours of trading on Wednesday.

A day after buying the stocks at the company on Tuesday, October 27, Nyoro's stake worth approximately Ksh28.8 million gained to about Ksh56.1 million, translating to an estimated gain of Ksh27.4 million in just two hours.

Olympia Capital invests in businesses involved in the manufacture and sale of construction-related products. Its interests include floor tiles, adhesives, uPVC windows and door frames, cleaning chemicals, fire prevention equipment and water pumps.

An investor who bought Ksh100,000 worth of Olympia Capital shares on October 1 would have made a capital gain of approximately Ksh155,280 by October 30, bringing the investment value to Ksh255,280.

2. Kenya Pipeline Company – 65.93%

Kenya Pipeline Company was the second-best-performing stock in October, gaining 65.93% during the month. Its share price increased from Ksh9.04 on October 1 to Ksh15 by October 30.

The rally came amid news that Nigerian billionaire Aliko Dangote had acquired a 24.76% stake in the company from state-owned entities, making him its second-largest shareholder.

Dangote, through Dangote Industries Limited, acquired the shares for approximately Ksh42.5 billion. The transaction came less than eight months after state-backed institutions invested billions of shillings in KPC's initial public offering, with at least eight institutions selling their shares.

Beyond the acquisition, Dangote announced plans to invest approximately Ksh194 billion in expanding KPC's pipeline network.

The proposed investment forms part of his broader strategy to develop an integrated fuel refining, storage and distribution network across Africa.

A Ksh100,000 investment in Kenya Pipeline Company at the beginning of October would have generated a capital gain of approximately Ksh65,930, bringing its value to Ksh165,930 by October 30.

Also Read: Top 10 Best-Performing NSE Stocks in August 2026

3. Nairobi Securities Exchange – 6.93%

The Nairobi Securities Exchange (NSE) recorded a 6.93% increase in its share price in October. The price of a share rose from Ksh30.30 on October 1 to Ksh32.40 by October 30.

The gains came amid increased activity in Kenya's capital markets, including developments surrounding the Dangote Petroleum Refinery IPO, Quickmart's listing and the sale of Kenya Pipeline Company shares to Aliko Dangote.

An investor who committed Ksh100,000 to NSE shares at the beginning of the month would have earned approximately Ksh6,930 in capital gains, taking the investment value to Ksh106,930.

4. TPS Eastern Africa – 5.20%

TPS Eastern Africa, the company behind the Serena Hotels brand, recorded a 5.20% increase in its share price during October. The counter rose from Ksh17.30 on October 1 to Ksh18.20 on October 30.

A Ksh100,000 investment in TPS Eastern Africa shares on October 1 would have generated approximately Ksh5,200 in capital gains, bringing its value to Ksh105,200.

5. Umeme Limited – 2.79%

Umeme Limited recorded a 2.79% increase in its share price during the month. The electricity distribution company's shares rose from Ksh5.74 on October 1 to Ksh5.90 by October 30.

An investor who bought Umeme shares worth Ksh100,000 at the beginning of October would have made approximately Ksh2,790 in capital gains, increasing the investment value to Ksh102,790.

6. Standard Group – 0.65%

Standard Group recorded a modest increase of 0.65% during October. Its share price edged up from Ksh6.16 on October 1 to Ksh6.20 on October 30.

An investor who purchased Standard Group shares worth Ksh100,000 on October 1 would have earned approximately Ksh650 in capital gains, bringing the investment value to Ksh100,650.

Also Read: Top 10 Most Profitable NSE Stocks in the First Half of 2026

7. WPP Scangroup – 0.52%

WPP Scangroup completed the list of the stocks that recorded gains during the period. The advertising and communications company's share price increased from Ksh1.94 on October 1 to Ksh1.95 on October 30, representing a 0.52% gain.

A Ksh100,000 investment in WPP Scangroup shares at the beginning of October would have generated approximately Ksh520 in capital gains, taking its value to Ksh100,520.

Notably, several stocks did not record any price change, including BK Group (Ksh60), Liberty Kenya Holdings Ltd (Ksh9.32), Kurwitu Ventures Ltd (Ksh1,355), Trans-Century Plc (Ksh1.12), Mumias Sugar Co. Ltd (Ksh0.27)

What Investors Should Consider

Olympia Capital and Kenya Pipeline Company stood out in October, with their share price movements coinciding with major developments involving Ndindi Nyoro and Aliko Dangote, respectively.

However, investors should remember that sharp price increases do not necessarily mean a company has become more valuable based on its underlying financial performance.

Before buying shares, it is important to examine a company's financial results, business prospects, valuation, liquidity and the factors driving investor demand.

The figures above reflect share price changes between October 1 and October 30, 2026, and do not include dividends or transaction costs. Past performance is not a guarantee of future returns.