Shares of BOC Kenya hit a new high of Ksh 67.00, up 8.94 per cent, on the Nairobi bourse on Thursday as shareholders wait for a decision from the appeal at the Capital Markets Tribunal.
BOC, a leading supplier of industrial, medical, and special gases began the year with a share price of Ksh 63.00 and has since gained 6.35 per cent on that price valuation.
The firm’s subsidiaries include wholly-owned East African Oxygen Limited, BOC Tanzania Limited and BOC Uganda Limited. BOC Kenya Ltd is a subsidiary of the Linde Group.
On Thursday, the Nairobi Securities Exchange (NSE), a total of 12,024,900 shares in 942 deals, corresponding to a market value of Ksh 365,656,171.00, were traded.
The benchmark NSE All Share Index (NASI) increased by 2.94 (1.82%) points to close at 164.32, representing a 1-week gain of 4.15%, a 4-week gain of 0.92%, and an overall year-to-date gain of 8.03%.
The NSE 20 Share Index gained 6.31 points to close at 1873.46, while the NSE 25 Share Index gained 43.09 points to close at 3620.10.