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Stocks soar in 2012; cautious start seen to 2013

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Benchmark Kenyan shares rose to end the year up 29 per cent, lifted by the banking, telecoms and manufacturing sectors as investors returned in force after the market suffered a torrid 2011. Analysts said they expected subdued activity on a cautious bourse in the first part of 2013 ahead of the first presidential election since a disputed 2007 poll unleashed deadly ethnic violence...

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