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 17th, 2021.
CBshare fell 0.17% to close at KES 2,259.25 (or US$ 19.98, at a weaker forex rate of KES 113.05 per US$). However, this performance enabled it to retain fourth position when ranked against four NSE indices, as we see below:
1) NASI (NSE ALL Share Index): Up 0.20%
2) NSE 25 Index: Up 0.03%
3) FTSE NSE Kenya Index: Unchanged at 0.00%
4) CBshare price: Down 0.17%*
5) NSE 20 Index: Down 0.42%.
That ranking is considerably scrambled, however, when our attention turns to a Week-on-Week performance pattern, as shown below:
1) NSE 25 Index: Up 0.86%
2) FTSE NSE Kenya 25 Index: Up 0.70%
3) NASI (NSE All Share Index): Up 0.53%
4) CBshare price: Up 0.28%*
5) NSE 20 Index: Down 0.10%.
On a YTD basis, CBshare was up 10.61% on the growth curve.
Unashig's market capitalization fell 0.17% to KES 7,347,342.00 (or US$ 64,991.97). On a YTD basis, it was 32.14% higher on the growth curve [The figure as earlier published had a typographical error, which has been corrected]. Since December 31st, 2019, it has grown by 334.14%.
IMPORTANT NOTE: CBshare is now priced at KES 2,259.25 (US$ 19.98) -- plus statutory and brokerage charges ranging from 3.55% of the price of one share to 2.26% of the combined price of 10 shares bought at a particular time. It will remain so priced until 5:00 PM (GMT+3) Monday, December 20th. A new price will be released early or later Monday night.
RELATED: NSE Daily Pricelist.
Thursday, December 16th, 2021.
CBshare's upward drift continued. Its price closed marginally higher (by 0.08%), at KES 2,263.13 (or US$ 20.04, at the forex rate of KES 112.92 per US$). Its ranking nevertheless fell from second to fourth, as we see below:
1) FTSE NSE Kenya 25 Index: Up 0.26%
2) NSE 25 Index: Up 0.19%
3) NASI (NSE All Share Index): Up 0.11%
4) CBshare price: Up 0.08%*
5) NSE 20 Index: Down 0.38%.
On a YTD basis, It closed with a 10.80% gain.
Unashig's market capitalization also rose by 0.08%, closing at KES 7,359,942.50 (or US$ 65,178.38). On a YTD basis, it closed 32.37% higher. Since December 31st, 2019, it has made a 334.89% gain.
From the empirical evidence seen throughout this year, one thing is clear. The capacity of both CBshare and Unashig's market capitalization to gain significant value and generally outperform the market will continue to depend on the zeal with which Unashig's shareholders add to their CBshare holdings. So let's see some "value added" enthusiasm in the coming year.
Wednesday, December 15th, 2021.
CBshare price rose another 0.21% to close at KES 2,261.27 (or US$ 20.02, at the forex rate of KES 112.95 per US$). This performance raised it from fifth to second when ranked against the usual NSE indices -- all of which closed on a positive note as well, as we see below:
1) NSE 20 Index: Up 0.34%
2) CBshare price: Up 0.21%*
3) FTSE NSE Kenya 25 Index: Up 0.16%
4) NSE 25 Index: Up 0.15%
5) NASI (NSE All Share Index): Up 0.01%.
Like CBshare, Unashig's market capitalization rose 0.21% today. It closed at KES 7,353,884.50 (or US$ 65,107.43).
YTD, CBshare has made a 10.71% gain; while Unashig's market capitalization has grown by 32.26%. Since December 31st, 2019, market capitalization has climbed by 334.53%, at today's count.
Tuesday, December 14th, 2021.
Today was the first trading day of the week, Monday having been a public holiday associated with Jamhuri Day (which this year fell on Sunday, 12/12/2021). CBshare price made a 0.16% gain, to close at KES 2,256.54 (or US$ 19.98, at the forex rate of KES 112.95 per US$). Some CBshares were bought today. This had a mesure of positive effect on the day's results for Unashig; but more would have been merrier, as there is still much ground to recover. All the familiar NSE indices also rose, to varying degrees, as the new ranking shows:
1) NSE 25 Index: Up 0.49%
2) NSE 20 Index: Up 0.36%
3) FTSE NSE Kenya 25 Index: Up 0.28%
4) NASI (NSE All Share Index): Up 0.21%
5) CBshare price: Up 0.16%.*
On a YTD basis, CBshare price closed at 10.48% on the growth curve. No reason, then, to fret over the fast approaching year-end results.
Unashig's market capitalization climbed more noticeably than CBshare, closing as it did 0.47% higher, at KES 7,338,509.00 (or US$ 64,971.31). YTD, it closed at 31.98% on the curve. Since December 31st, 2019, it has made a 333.62% gain.
Starting on the first trading day in January 2022, the "base date" for market capitalization will shift from December 31st, 2019 to December 31st, 2020. This will facilitate a more realistic tracking of capitalization/asset growth -- in tandem with the continuing growth of Unashig's data bases.
FOR SUMMARIES FOR EARLIER DATES, PLEASE READ: "UNASHIG's Share Price and Market Capitalization... December 6th-10th 2021" {A link to earlier dates will be found there}
