Carbacid Share Gains 9 Shillings in Trading

The Carbacid Investments Limited share yesterday gained 7.83% in trading at the Nairobi Securities Exchange to close at KES 124.

There were 4,800 shares traded in the day in 3 deals, the share price gaining KES 9 to close at KES 124 from the previous day's close of KES 115. The share ranged between KES 115 and KES 125 yesterday, settling to close the day at KES 124.

The share has picked up performance in recent months, gaining over 30% in the last 6 months from the end of December 2011. Below is a snapshot of the share's movements illustrating this performance:

[caption id="attachment_11233" align="aligncenter" width="626" caption="Source: Bloomberg"][/caption]

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