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 22nd, 2021.
With the total of shares ourstanding up slightly to 3,235.11, CBshare closed 0.34% higher, at KES 2,458.38 (or US$ 22.15 at a persisting forex rate of KES 110.90 per US$). Of the usual 4 NSE indices that we track, only NSE 20 index fell. In terms of ranking, CBshare dropped a notch lower from Thursday, as the list below indicates:
2) FTSE NSE Kenya 25 Index: Up 0.51%
3) NSE 25 Index: Up 043%
4) CBshare price: Up 0.34%*
5) NSE 20 Index: Down 0.03%.
On a Week-on-Week (W-o-W) basis, however, CBshare saw an improvement in its ranking, even as it and all of the four indices fell into negative territory -- as we see below:
2) CBshare price: Down 0.12%*
3) NASI: Down 0.18%
4) FTSE NSE Kenya 25 Index: Down 0.20%
5) NSE 20 Index: Down 0.49%.
YTD, CBshare's price hit 20.36%. It is therefore on course to outperform the annual yields of most, or shall we say all, bonds (at home and abroad) that may come to mind.
Unashig's market capitalization improved to KES 7,953,114.50 (or US$ 71,649.68) at the close. It has made a 43.04% gain, YTD; and 368.83% since December 31st, 2019.
IMPORTANT NOTE: The price of a CBshare will hold at KES 2,458.38 (US$ 22.15) -- plus statutory and brokerage charges ranging from 3.55% for one share to 2.26% for ten (or multiples of 10) shares bought at a particular time -- until 5:00 PM next Monday, October 25th. A new price will be released, after some 'mining', early or later that Monday night.
RELATED: NSE Daily Pricelist.
Thursday, October 21st, 2021.
There was no trading on Wednesday, which was a public holiday (Mashujaa Day). At the close of today's trading, CBshare price was 0.51% higher than it closed on Tuesday, at KES 2,450.15 (or US$ 22.07, at the forex rate of KES 111.00 per USD). All the four indices that we track also closed in posisive territory, as we see in this new ranking:
2) FTSE NSE Kenya 25 Index: Up 0.55%
3) CBshare price: Up 0.51%*
4) NSE 25 Index: Up 0.46%
5) NSE 20 Index: Up 0.08%.
YTD, CBshare has now made a 19.96% gain. This gain would certainly have been bigger, but there has been no infusion of additional capital since October 6th -- that's a period of over two weeks! As things stand, we are propelled entirely by momentum -- but this cannot take us to spectacular heights. When prices fall, smart investors pounce on low(er)-hanging fruits. Being mere spectators is not for them.
Unashig's market capitalization also grew 0.51% higher than it closed on Tuesday, rising to KES 7,924,046.50 (or US$ 71,387.81). YTD, it has grown by 42.51%. Since December 31st, 2019, it now stands at the 367.11% point on the growth curve.
Tuesday, October 19th, 2021.
All the four key indices at the NSE, as well as CBshare's price, continued in their downward slide -- though at different slopes. It was a day on which CBshare -- whose value is pegged as always on the aggregate market value of 25 securities in Unashig's portfolio -- fell by 0.48% to KES 2,437.83 (US 21.97). But it also 'jumped' from last to second in the ranking, as we see below:
2) CBshare Price: Down 0.48%*
3) NSE 25 Index: Down 0.69%
4) FTSE NSE Kenya 25: Down 0.98%
5) NASI (NSE All Share Index: Down 1.13%.
On a YTD basis, CBshare closed this Tuesday with a reduced gain of 19.36%.
Unashig's market capitalization also fell by 0.48% to close the day at KES 7,884,212.50 (or US$ 71,060.95, at the forex rate of KES 110.95 per USD). This latest valuation stands at 41.80% on the growth curve, YTD. Starting farther back on December 31st, 2019, however, we see a 364.76% gain on a growth curve at today's close. The level of gain changes virtually day-by-day.
Monday, October 18th, 2021.
The price of a CBshare fell 0.48% to close at KES 2,449.69 (or US $ 22.08, at the forex rate of KES 110.95 per US$). All the four NSE indices which we track -- each of which in turn tracks performance across at least 20 companies at the bourse -- also dropped, to the relative extents shown on the list below:
2) FTSE NSE Kenya 25 Index: Down 0.27%
3) NASI (NSE All Share Index): Down 0.28%
4) NSE 20 Index: Down 0.39%
5) CBshare Price: Down 0.48%*
At 19.94% on the growth curve at today's close, CBshare's YTD performance closed somewhat lower than we saw last Friday.
Unashig's market capitalization also declined 0.48%, closing at KES 7,922,574.55 (or US$ 71,406.71). YTD, its gain stood at 42.49%, which was also lower than it was last Friday at the close. Since December 31st 2019, it has made a 367.03% gain.
FOR SUMMARIES OF EARLIER TRADING DATES, READ: "UNASHIG's Share Price and Market Capitalization of Holdings.... _ October 12th-15rh 2021" (A link to earlier summaries will be found there)
