For a Background to this series of summaries at the close of each trading day, READ: Introduction to Trends in Unashig's CBshare Price and Market Capitalization (availed at this link)
Share Price and Market Capitalization on Specified Days of the Week.
Friday, September 17th, 2021.
CBshare closed 1.00% higher today, valued at KES 2,542.64 (or US$ 23.08, at the still falling forex rate of KES 110.15 per USD). No quoted shares were added to Unashig's portfolio. The number of CA and CBshares outstanding, held by 234 shareholders in total, also remained steady at 3,218.11.
The positive performance displayed in the price of a CBshare was seen among our usual bunch of NSE indices as well, nearly all of which in fact outpaced it. Here is how they ranked at the week's end:
2) NSE 25 Index: Up 1.25%
3) NASI (NSE All Share Index): Up 1.24%
4) CBshare Price: Up 1.00%*
5) NSE 20 Index: Up 0.47%.
On a WoW (Week on Week) basis, each of the five indicators maintained the same ranking as recorded for today's close. Thus: 1) FTSE NSE Kenya 25 Index -- up 1.86%; 2) NSE 25 Index -- up 1.67%; 3) NASI -- up 1.45%; 4) CBshare price -- up 1.06%; 5) NSE 20 Index -- down 0.10%.
YTD, the price of a CBshare has climbed to the 24.49% point on the growth curve; which is a little higher than we saw yesterday.
RELATED: Kenya Eurobond yields in mixed performance
Unashig's market capitalization climbed 1.03% to close the day at KES 8,185,038.00 (or US$ 74,308.11), thus signaling a return to levels not seen since late last month.
YTD, market capitalization has made a 47.21% gain. Since December 31st, 2019, it has risen even higher on the curve to the 382.50% mark. This way, the 400% milestone is increasingly in sight. Still, we have this nagging question: will we have reached it by year's end?
IMPORTANT NOTE: The price of a CBshare will hold at KES 2,542.64 (US$ 23.08) -- plus statutory and brokerage charges approximating 2.23% over-and-above the direct cost of CBshares bought at a given time -- until 5:00 PM (GMT+3) on Monday, September 20th. A new price will be released, after some 'mining', early or later that night.
RELATED: NSE Daily Pricelist.
Thursday, September 16th, 2021.
The price of a CBshare rebounded 0.44% to close at KES 2,517.53 (or US$ 22.87, at a weakened forex rate of KES 110.06 per USD). Some CBshares were bought in the course of the day, while Unashig bought a few more shares in two quoted companies. Consequently, the total of shares outstanding increased marginally to 3,218.11 (or 45.97% of the company's authorized shares).
In a reversal of yesterday's trend, price and index movements closed on a positive note today, giving us the new ranking that we see below:
2) CBshare Price: Up 0.44%*
3) NSE 25 Index: Up 0.40%
4) NASI (Nairobi All Share Index): Up 0.39%
5) NSE 20 Index: Up 0.26%.
Wednesday, September 15th, 2021.
CBshare price dropped a further 0.19%, closing at KES 2,506.48 (or US$ 22.79, at a weaker forex rate of KES 109.99 per USD). Some CBshares were sold to existing shareholders, and Unashig bought additional shares in two of the 25 NSE-quoted companies in which it already has stakes. The company's outstanding shares rose to 3,216.11. This represents 45.94% of its authorized shares.
It so happens that, like CBshare, all the four NSE indices which we track -- and which track the NSE -- also fell, but none precipitously, at today's close. Still, CBshare declined the least among them, and topped 'the chart', as the ranking below shows:
2) FTSE NSE Kenya 25 Index: Down 0.22%
3) NASI (NSE All Share Index): Down 0.23%
4) NSE 25 Index: Down 0.27%
5) NSE 20 Index: Down 0.62%.
On a YTD basis, CBshare closed today at the 22.72% spot on the growth curve.
Unashig's market capitalization also closed this Wednesday 0.19% lower than it did yesterday, at KES 8,061,117 (or US$ 73,289.54). On a YTD basis, however, it closed at the 44.98% point on the curve. Taking December 31st, 2019, as the starting point, we see that it has made a 375.19% gain to-date. This is a never-ending-journey with frequent ups and downs. Yesterday it closed at 375.80%.
Tuesday, September 14th, 2021.
The exchange value of a CBshare retreated 0.27%, closing at KES 2,511.22 (or US$ 22.85, at the lately static forex rate of KES 109.90 per USD).
The number of shares outstanding changed marginally to 3214.11, after a shareholder topped up half a share to make it a full one. No quoted shares were added to Unashig's portfolio today.
All the four NSE indices which we track also fell today, but not as steeply, relatively, as the CBshare. Here are the rankings that emerged:
2) NSE 25 Index: Down 0.07%
3) NSE 20 Index: Down 0.10%
4) FTSE NSE Kenya 25 Index: Down 0.11%
5) CBshare Price: Down 0.27%.*
In YTD terms, CBshare's price-gain closed at 22.95% on the growth trajectory, or just a third of a percentage lower than we saw yesterday.
Unashig's market capitalization fell 0.25% from yesterday's mark, closing at KES 8,071,329.50 (or US$ 73,442.49). YTD, it has grown 45.16% -- though this is also a drop from yesterday's closing level. Since December 31st, 2019, its accumulated growth stands today at 375.80%. Yesterday it was at 376.99%.
Monday, September 13th, 2021.
The price of a CBshare closed 0.08% higher today, at KES 2,517.93 (or US 22.91, at the unchanged but still low forex rate of KES 109.90 per USD).
Here's how CBshare's price performed against 4 NSE indices:
2) FTSE NSE 25 Kenya Index: Up 0.19%
3) NASI (NSE All Share Index): Up 0.09%
4) CBshare Price: Up 0.08% *
5) NSE 20 Index: Down 0.10%.
YTD, the price (and value) of a CBshare has jumped 23.28%.
Unashig's market capitalization also closed 0.08% higher than we left it last Friday, settling at KES 8,091,636.00 (or US$ 73,627.26). On a YTD basis, this capitalization has increased by 45.53%. Since December 31st 2019, it has accumulated a 376.99% gain.
FOR TRADING SUMMARIES FOR EARLIER DATES, PLEASE READ: UNASHIG's Share Price and Market Capitalization.... _ September 6th to September 10th, 2021 [A link to earlier dates will be found there]
