- June 21, 2021
- Posted by: adminer
- Category: Natural Resources
The Nigerian Stock Exchange has upgraded BOC Gases from low-priced stock to medium-priced stock due to recent appreciation in the share price of the industrial gas firm.
The Exchange stated that the reclassification, which took effect from June 16, 2021,was after a review of share price of BOC Gases over the most recent six months.
According to the NGX, the review of BOC Gases’ price trade activity over the most recent six month period provided the basis for reclassifying the security from the low priced stock group to the medium priced stock group..