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."
Share Price and Market Capitalization on Specified Days of the Week:
Friday, October 15th, 2021
CBshare price recorded a 0.53% gain, closing the day at KES 2,461.42 (or US$ 22.18, at the forex rate of KES 110.95 per USD). Three out of the usual 4 indices also made gains, while the fourth (NSE 20) remained stuck in negative territory, as we see in the ranking below:
2) FTSE NSE Kenya 25 Index: Up 0.86%
3) NSE 25 Index: Up 0.70%
4) CBshare Price: Up 0.53%*
5) NSE 20 Index: Down 0.13%.
YTD, the price of a CBshare closed at the 20.51% mark on the growth curve.
[UPDATE (Monday, October 18th, 2021): Here is how CBshare and the four indices performed on a Week-on-Week basis:
2) FTSE NSE Kenya 25 Index: Up 1.18%
3) NSE 25 Index: Up 0.84%
4) CBshare Price: Up 0.52%*
5) NSE 20 Index Down 1.13%]
Like CBshare, Unashig's market capitalization recorded a 0.53% gain at today's close. YTD, it has made a 43.17% gain. Since December 31st, 2019, this gain has risen to 369.26% on the longer curve.
IMPORTANT NOTE: The price of a CBshare will hold at KES 2,461.42 (US% 22.18) -- plus statutory and brokerage charges approximating 2.23% over-and-above the direct cost of CBshares bought at a particular time -- until 5:00 PM (GMT+3) next Monday, October 18th. A new price will be released, after some 'data mining', early or later Monday night.
RELATED: NSE Daily Pricelist.
Thursday, October 14th, 2021.
CBshare price closed with a 0.25% gain, or KES 2,448.35 (or US$ 22.08, at the forex rate of KES 110.90 per USD). It was not the only metric that rallied. Indeed, all but NSE 20 Index (stuck in negative terrain since October 7th) also did, as we see in the ranking below:
2) FTSE NSE Kenya 25 Index: Up 0.37%
3) NSE 25 Index: Up 0.32%
4) CBshare Price: Up 0.25%*
5) NSE 20 Index: Down 0.06%.
Wednesday, October 13th, 2021.
CBshare lost further ground, closing 0.24% lower at KES 2,442.17 (or US$ 22.03, at the forex rate of KES 110.86 per USD). Only one of the four indices that we track showed any gain, however, as today's ranking shows:
2) NSE 25 Index: Down 0.12%
3) FTSE NSE Kenya 25 Index: Down 0.14%
4) CBshare Price: Down 0.24%*
5) NSE 20 Index: Down 0.37%.
As is common knowledge among experienced traders, share prices change regularly, going up and down from time to time, and often day-by-day. This is even more the case with share portfolios, such as Unashig is building -- and such as #SPACs continue to craft in selected regions of the world. Accordingly, share-price growth-curves are hardly ever real straight lines in their totality, particularly the longer the duration monitored.
YTD, the price of a CBshare has made a 19.57% gain, but this is not the point at which it closed yesterday -- or last Friday.
Unashig's market capitalization also fell 0.24%, to close at KES 7,898,236.50 (or US$ 71,245.14). YTD, it closed at the 42.40% point on the growth curve. Since December 31st, 2019, this growth has today settled at 365.59%.
Tuesday, October 12th, 2021.
CBshare closed 0.03% lower, at KES 2,448.13 (or US$ 22.10, at the forex rate of KES 110.80 per USD). Three out of the 4 NSE indices that we track also fell, and, more to the point, were outperformed by CBshare -- noticeably narrow as most of the contiguous gaps were. Here is the day's ranking:
2) CBshare Price: Down 0.03%*
3) NSE 25 Index: Down 0.06%
4) FTSE NSE Kenya 25 Index: Down 0.09%
5) NSE 20 Index: Down 0.58%.