KenolKobil #ticker:KENO moved 403 million shares valued at Sh6.1 billion in the trading week ended October 26 as Capital Markets Authority (CMA) flagged the counter for possible insider trading activity.
Data from Nairobi Securities Exchange (NSE) show that the share commanded 75.3 percent of the entire market’s traded value, edging out Safaricom #ticker:SCOM and banking stocks that usually commands the volumes. This was on account of the Tuesday’s takeover bid announcement made by French firm Rubis Energies.
