NSE, as represented by its 20 share Index shrugged off a dismal 2009 performance of -7.77% to post 36.495%!
The 20 Share Index opened this year at 3247.44 and closed at 4432.60%.
Among the counters contributing to this stellar performance include 6 companies that posted above 100% capital gains as shown hereunder:

1) Kakuzi - 156.69%
2) Eaagads - 150%
3) Scangroup - 141.18%
4) Co-operative Bank - 112.29%
5) Centum - 104.44%
6) Kenol Kobil - 100%

Others following at below 100% capital gains but firmly in the top ten gainers are:

7) Diamond Trust Bank - 92.86%
8) Equity Bank - 86.41%
9) Sasini - 81.25%
10) CFC Bank - 67.78%.

It indeed was a great year for Equity investors, great in the sense that for the market to post such a return next year,2011, the Index will soar to 6050.28%
Can we do it again?
Which, in your opinion, are the counters to take us there?

Well said. And what a way to end the year with virtually all movements positive in the last two days

Performance of Markets to Nov 5 2010
63.1 Uganda
42.5 Kenya
24.0 Ghana
20.2 Tunisia
19.2 Nigeria
13.2 South Africa
12.1 Zambia
9.0 Egypt
1.7 Botswana

21.1 MSCI EM ex SA
9.50 S&P 500
8.30 FTSE
-11.3 Nikkei

i agree with the previous posts that part of the Great performance was because we were coming from a depressed year and that some of the great results we expect from the banks next month have already been priced in.
Having said that, i see great opportunities in:
1) KCB - Trading at a trailing PE of 12.08 against
sector PE of 18.15 as at 31.12.2010.
- Expected to benefit from its expansion
strategy as the other E.A nations start
contributing to the bottom line.
- Lowest priced in the financial sector
going by its trailing PE. NB:NBK has a
lower PE but has the Preference share
burden.
2) KPLC - Trading at a trailing PE of around
11.68 against a sector PE of 14.93 as
at 31.12.2010.
- A fairly subscribed rights issue and a
good portion of its shares held by
institutional investors bound to
stabilise its price.
- God image expeceted to be portrayed to
the public especially through improved
and eye catching ads on Print &
Electronic press.
- Demand for power far exceeds its
supply and growing by the day as the
economy continues to grow.

3) Equity - Although well priced, it is bound to
reap lots should the rains continue
and political climate is stable and
the projected GDP growth rate of 6%
in 2011 is achieved!
Also keenly looking at Centum!