Abacus Wealth Management

Carbacid Gains in Yesterday's Trading

The share of Carbacid Investments rose KES 8 in yesterday’s trading, a 7.55% gain to hold the crown of biggest gainer as at the close of trading at the Nairobi Securities Exchange. The share price increase came about with just 200 shares traded in one bid with a  turnover of KES 22,800.

In the last year the share price has ranged between KES 85 and KES 132. There company currently has a market capitalization of KES 3.873 billion and is regularly trading well above KES 100, though the share is not very liquid with slightly over 11 million shares listed.

Below is a snapshot of the share price movement over the last six months:

Source: Bloomberg

 

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