KENOLKOBIL share price rose to hit the maximum trading allowable limit yesterday as demand for the stock continued for a third day in a row over speculations that the company may be taken over by state-owned National Oil. The stock hit a high of 10.85 in the morning hours trading, rising by 9.60 per cent from Wednesday's closing price of Sh9.90. Some 5.13 million shares valued Sh55.6 million were traded before the stock was suspended from further trading as per the Capital Markets Authority rules which states a stock cannot rise or fall by more than 10 per cent in a single day. On Tuesday...
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