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, November 19th, 2021.
CBshare dipped yet again, closing 0.31% down, at KES 2,346.53 (or US$ 20.95, at a slightly improved forex rate of KES 112.03 per US$). Safaricom's performance continued to be the biggest disappointment for us, during the week. The share price was disappointing in two related ways: (a) The continuing dip suggests that this state of affairs may last for longer than usual, particularly in relation to the ongoing unrest in Ethiopia; and, (b) Unashig shareholders have not seen or seized the opportunity to buy additional CBshares in order to facilitate "buying the dip" at the bourse -- as a "future momentum" proposition for the company.
While NSE 20 Index closed 0.16% up, the other 3 indices also fell, as we see in today's ranking (in which CBshare places second):
2) CBshare price (25 counters): Down 0.31%*
3) NSE 25 Index: Down 0.36%
4) FTSE NSE Kenya 25 Index: Down 0.44%
5) NASI (NSE All Share Index): Down 0.62%.
In the latest Week-on-Week (WoW) ranking at this Friday's close, the list below shows that all the four indices, as well as CBshare, dipped by more than one percentage point. However, CBshare, with the smallest decline, led the pack:
2) FTSE NSE Kenya 25 Index: Down 1.19%
3) NSE 25 Index: Down 1.33%
4) NSE 20 Index: Down 1.37%
5) NASI (NSE All Share Index): Down 1.76%.
Unashig's market capitalization closed 0.31% down, at KES 7,607,693.00 (or US$ 67,907.64).
On a YTD basis, CBshare's growth curve closed at the 14.89% point, while Unashig's market capitalization closed at 36.83%. Counting from December 31st, 2019, this market capitalization closed at 349.52% today.
IMPORTANT NOTE: The price of a CBshare will hold at KES 2,346.53 (US$ 20.95) -- plus statutory and brokerage charges ranging from 3.55% of the price of one share to 2.26% of the combined price of ten shares bought at a particular time -- until 5:00 PM (GMT+3) next Monday, November 22nd. A new price will be released, after some 'mining', early or later Monday night.
RELATED: NSE Daily Pricelist.
Thursday, November 18th, 2021.
CBshare dropped 0.12% to close at KES 2,353.76 (or US$ 20.96, at a forex rate that deteriorated further to KES 112.30 per US$). Two NSE indices also fell, while two made marginal gains. Here's how the usual five metrices stacked up:
2) FTSE NSE Kenya 25: Up 0.17%
3) NASI (NSE All Share Index): Down 0.12%
3) CBshare price (25 counters): Down 0.12%*
5) NSE 20 Index: Down 0.50%.
Unashig's market capitalization also fell 0.12%, closing at KES 7,631,137.00 (or US$ 67,953.13) [Incidentally, those interested in Bitcoin may wish to know that 1 Bitcoin was (at 21:09 UTC today), priced at US$ 58,104.10 (or KES 6,525,090.43)].
YTD, CBshare's has grown 15.24% in exchange-determined price, while market capitalization stands 37.25% higher. Since December 31st, 2019, capitalization has grown much higher, to 350.91%. Though tethered to the ups and downs seen at the NSE, Unashig's valuation and growth curve remain robust -- reflecting the choices that we have made in stock picking and concentrating our buys.
Wednesday, November 17th, 2021.
CBshare price dipped 0.36% to close at KES 2,356.70 (or US$ 21.00, at the forex rate of KES 112.25 per US$). Still, it placed first for the second day in a row, when compared with the four NSE indices -- all of which also declined -- as today's ranking shows:
2) FTSE NSE Kenya 25 Index: Down 0.41%
3) NASI (NSE All Share Index): Down 0.49%
4) NSE 25 Index: Down 0.55%
5) NSE 20 Index: Down 0.57%.
Unashig's market capitalization also closed at 0.36% down, or KES 7,640,676.50 (US $ 68,068). YTD, CBshare price has grown by 15.38%; while Unashig's market capitalization has made a 37.42% gain. Since December 31st, 2019, this capitalization has grown by 351.47%.
Tuesday, November 16th, 2021.
CBshare changed course today, recording a marginal gain of 0.10%, and closing at KES 2,365.15 per share (or US$ 21.10, at the forex rate of KES 112.10 per US$). The usual four NSE indices remained in negative territory, however, as the ranking below illustrates:
2) FTSE NSE Kenya 25 Index: Down 0.06%
3) NASI (NSE All Share Index): Down 0.17%
4) NSE 25 Index: Down 0.18%
5) NSE 20 Index: Down 0.34%.
On a YTD basis, CBshare has grown by 15.80%, despite all the ups and downs.
Unashig's market capitalization also jumped 0.10% today, closing at KES 7,668,068.00 (or US$ 68,403.82). YTD, this growth has now hit the 37.91% mark on the curve. Counting from December 31st, 2019, it has made a 353.09% gain.
Monday, November 15th, 2021.
CBshare's price fell yet again today -- to KES 2,362.81 (or US$ 21.08, at the forex rate of KES 112.10 per US$). However, at 0.46% down, it fell less steeply than we saw last Friday. All the four NSE indices that we track also dipped at the close, as we see in the new ranking below:
2) NASI (NSE All Share Index): Down 0.37&
3) NSE 25 Index: Down 0.43%
4) FTSE NSE Kenya 25 Index: Down 0.46%
4) CBshare price (25 counters): Dowm 0.46%.*
