This archive report was first published on 7 November 2021.
Published on November 7, 2021, Carbacid Investments Plc emerged as the top price gainer at the Nairobi Securities Exchange (NSE) with a 13.5% week-on-week change to KSh 13.05 on a volume of 503,600 shares.
Carbacid Investments Plc is a leading manufacturer of liquefied carbon dioxide in Kenya. Its products are used in various applications, including scientific laboratories, refrigeration systems, and medical and pharmaceutical processes.
On Friday, November 5, 2021, CARB closed at KSh 13.05 per share on the NSE, recording a 0.4% drop from its previous week's closing price of KSh 13.10.
Since the beginning of the year, Carbacid Investments Plc has gained 7.85% in share price, ranking it 20th on the NSE in terms of year-to-date performance.
The stock has also accrued 14% over the past four-week period, making it the best performer on the NSE, driven by its planned acquisition of 100% shareholding of BOC Kenya.
Carbacid Investments Plc is the 27th most traded stock at the NSE over the past three months.
Other notable price gainers during the week included Kenya Power, East African Cables, and Eaagads.
Weekly equity turnover at the NSE declined 5.3% to KSh 1.8 Billion from the previous week's KSh 1.9 Billion.
