Tuesday, November 30, 2021

Health Insurance Renewal Rates for Unashig's Group A ~ December 2021 to December 2022

The Health Insurance Renewal Rates for Unashig's Group A members have now been released by UAP. Please find them at the link below. 

Depending on the kind of cover which a participating individual or family chooses, UAP has set the loading over last year's rates at 60%, after Unashig's management negotiate it downwards from 70%. 

UAP argues that the utilization levels by insured members during the year ending was too high to allow for lowering rates any further. More on this will soon be shared with members.


LINK: Renewal Rates Plus 60% Loading For Group A, December 28th 2021 to December 27th 2022. 

Monday, November 29, 2021

UNASHIG's Share Price and Market Capitalization of Holdings on the Nairobi Securities Exchange _ November 29th-December 3rd, 2021

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, December 3rd, 2021.

CBshare retreated another 1.02% to close at KES 2,228.72 (US$ 19.78). Four NSE indices closed in negative territory as well, as the following ranking shows:

1) NSE 20 Index: Down 0.25%
2) NSE 25 Index: Down 1.01%
3) CBshare price: Down 1.02%*
4) FTSE NSE Kenya 25: Down 1.19%
5) NASI (NSE All Share Index): 1.36%.

Week-on-Week (W-o-W) performance declined even more steeply, across the board, as the ranking below shows:

1) NSE 20 Index: Down 2.49%
2) NASI (NSE All Share Index): Down 2.88%
3) CBshare price: Down 3.03%* 
4) NSE 25 Index: Down 3.66%
5) FTSE NSE Kenya 25 Index: Down 3.87%.

YTD, CBshare has made a 9.12% gain, amidst the ups and downs we've noted.

Market capitalization closed at KES 7,225,768.50 (or US$ 64,115.07). YTD, it has made a 29.96% gain. Since December 31st, 2019, the gain stands at 326.96%. 

IMPORTANT NOTE: CBshare will be priced at KES 2.228.72 (US$ 19.78) -- 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 paticular time -- until 5:00 PM (GMT+3) next Monday, December 6th.

RELATED: NSE Daily Pricelist


Thursday, December 2nd, 2021.

CBshare dipped another 0.80% to close at KES 2,251.61 (or US$ 19.98% at the forex rate of KES 112.70 per US$). Despite that, it outperformed three out of four indices ranked below: 

1) NASI (NSE All Share Index): Down 0.59%
2) CBshare price: Down 0.80%*
3) FTSE NSE Kenya 25 Index: Down 0.94%
4) NSE 25 Index: Down 1.00%
5) NSE 20 Index: Down 1.18%.

YTD, CBshare closed at 10.24% on the growth curve.

Like CBshare, Unashig's market capitalization dipped 0.80%. It closed at KES 7,299,958.50 (US$ 64,773.37). YTD, it closed with a 31.29% gain. Since December 31st, 2019, it has made a 331.34% gain.


Wednesday, December 1st, 2021.

CBshare ended the day 0.28% lower, @ KES 2,269.73 (or US$ 2018, at the forex rate of KES 112.50 per US$). Still, it tied for first place with NSE 20 Index, as we see below:

1) NSE 20 Index: Down 0.28% 
1) CBshare price: Down 0.28%*
3) NASI (NSE All Share Index): Down 0.43%
4) NSE 25 Index: Down 0.77%
4) FTSE NSE Kenya 25 Index: Down 0.77%.

YTD, CBshare closed at 11.13% on the growth curve.

Unashig's market capitalization also fell 0.28%, and closed at KES 7,358,728.00 (US$ 65,410.92). YTD, it closed with a 32.35% gain. Incidentally, this growth rate is 5.05 times faster than CBK's revised projection for Kenya's GDP growth this year. 

Since December 31st, 2019, this gain in market capitalization stands a little lower than we saw yesterday -- at 334.81%.


Tuesday, November 30th, 2021.

The price of a CBshare declined by 0.89% to close at KES 2,276.18 (or US$ 20.23, at the forex rate of KES 112.50 per US$). All the four NSE indices that we track also declined. Here's the latest performance ranking:

1) NASI (NSE All Share Index): Down 0.53%
2) FTSE NSE Kenya 25 Index: Down 0.74%
3) NSE 25 Index: Down 0.85%
4) CBshare price: Down 0.89%*
5) NSE 20 Index: Down 0.90%.

On a YTD (Year-to-Date) basis, CBshare closed with an 11.44% yield. That's a little over 1.00% gain per month.

Unashig's market capitalization also declined by 0.89% to close at KES 7,379,638.90 (US$ 65,596.79). YTD, it has appreciated by 32.72% -- despite the ups and downs of the period. That gain averages at 2.97% per month.

Since December 31st, 2019, market capitalization has risen to the 336.05% on the growth curve (taking into account the day's dip). At the end of this month we will move our base date to the close of December 31st, 2020.


Monday, November 29th, 2021.

CBshare price closed 0.07% down, at KES 2,296.72 (or US$ 20.41, at the forex rate of KES 112.55 per US$). This performance nevertheless ranked it third, as we see below:

1) NSE 20 Index: Up 0.10%
2) NASI (NSE All Share Index): Unchanged at 0.00%
3) CBshare price (25 counters): Down 0.07%*
4) NSE 25 Index: Down 0.10%
5) FTSE NSE Kenya 25 Index: Down 0.30%.

 On a YTD basis, CBshare closed with a 12.45% gain.

Unashig's market capitalization also fell 0.07%, to close the day at KES 7,446,281.00 (or US$ 66,159.20). YTD, it has made a 33.92% gain. Since December 31st, 2019, it has risen to 339.98% on the growth curve.


SUMMARIES FOR EARLIER DATES CAN BE FOUND AT THIS LINK: UNASHIG's Share Price and Market Capitalization... November 22nd-26th 2021 [A link to even earlier dates is available there as well]