For a Background to this series of summaries at the close of each trading day, please READ: "Introduction to Trends in Unashig's CBshare Price and Market Capitalization."
Share Price and Market Capitalization at the Close of Specified Days of the Week:
Friday, February 25th2022.
Fortunes reversed course for CBshare and four NSE indices alike, with all but one metric closing on a positive note. CBshare (+0.69%) closed at KES2,243.63 (or US$ 19.71%, at the forex rate of KES113.85 per US$) and retained the third position in today's ranking, though joined there by NSE 25 Index, as shown below:
2. FTSE NSE Kenya 25 Index: +1.25%
3. NSE 25 Index: +0.69%
3. CBshare price: +0.69%*
5. NSE 20 Index: -0.50%.
Unashig's market capitalization also expanded (+0.69%), propelled largely by its Safaricom holdings, to close at KES7,421,062 (or US$65,182.80).
Week-on-Week (W-o-W), the metrics continued to display an invariably downward trend and steeper slopes (relative to the previous week), as we can glean from the ranking below:
2. CBshare price: -2.97%*
3. NSE 25 Index: -3.20%
4. FTSE NSE Kenya 25: -3.68%
5. NASI (NSE All-Share Index): -3.08%.
YTD, CBshare declined 2.41%, while market capitalization shed 1.26%.
Since December 31st, 2020 (our benchmark), CBshare has grown +9.36%, while market capitalization shows a +33.47% expansion.
SUMMARY: CBshare is now priced at KES2,243.63 (US$19.17) -- plus (for trading purposes) statutory and brokerage charges ranging from 3.55% of the price of one share to 2.26% of the price of 10 shares bought at the same time. That price will remain steady until 5:00 PM (GMT+3) Monday, February 28th. A new price will be released Monday night.
Thursday, February 24th, 2022.
For the third day in a row, CBshare and the four NSE indices that we routinely track fell -- and, what's more, relatively significantly. Clearly, the ongoing military conflict in Ukraine, and its ripple effects on diplomacy and global trade, have much to do with the current stock market unease. Still, savvy investors will find in all this downward slide ample opportunities to buy quoted stocks "on the cheap" for long-term gain.
CBshare dipped 2.54%, closing at KES2,228.17 (or US$19.57, at the forex rate of KES113.88 per US$). Like the indices, however, it retained the position -- third, in its case -- which it held yesterday, as the list below shows:
2. NSE 25 Index: Down 2.53%
3. CBshare price: Down 2.54%*
4. FTSE NSE Kenya 25 Index: Down 3.15%
5. NASI (NSE All-Share Index): Down 3.62%.
Unashig's market capitalization also declined 2.54%, ending the day at KES 7,369,907.50 (US$64,716.43).
YTD, the price of a CBshare dipped 3.08%, while market capitalization fell 1.94%.
From the benchmark numbers recorded on December 31st, 2020, CBshare climbed 8.60% at today's close, while market capitalization gained 32.55%. Still, both these figures are lower than we saw yesterday.
Wednesday, February 23rd, 2022.
CBshare fell 1.20%, closing at KES2,286.26 (or US$20.09, at the forex rate of KES 113.85 per US$). The NSE indices that we track also dipped -- two of them less steeply than CBshare, as we see on today's list:
2. NSE 25 Index: Down 0.94%
3. CBshare price: Down 1.20%*
4. FTSE NSE Kenya 25 Index: Down 1.48%
5. NASI (NSE All-Share Index): Down 1.90%.
Unashig's market capitalization also fell 1.20%, closing at KES7,562,057.50 (US$66,421.23).
YTD, CBshare has declined 0.56%, while market capitalization has expanded 0.62%.
Relative to the benchmark numbers of December 31st, 2020, CBshare closed today with an 11.44% gain, while market capitalization closed at 36.00%.
Tuesday, February 22nd, 2022.
CBshare closed 0.11% down, at KES2,314.10 (or US$20.33, at the forex rate of KES113.8 per US$). The four NSE indices we track trended south as well. Indeed, each dipped rather more steeply than CBshare, leaving it once again in the top position, as the performance ranking given below demonstrates:
2. NSE20 Index: Down 0.17%
3. NASI (NSE All-Share Index): Down 0.25%
4. NSE 25 Index: Down 0.36%
5. FTSE NSE Kenya 25: 0.40%.
Unashig's market capitalization also fell 0.11%, closing the trading day at KES7,654,140.50 (US$67,259.58).
YTD, CBshare has climbed 0.66%, while market capitalization has recorded a 1.84% gain.
Since the December 31st, 2020 benchmark, CBshare has climbed 12.79% up the shape-shifting growth curve; while market capitalization has gained 37.66%.
Monday, February 21st, 2022.
CBshare closed 0.18% higher than we saw last Friday, at KES2,316.59 per share (or US$20.37, at the forex rate of KES113.70 per US$). It outperformed the usual NSE indices, and indeed topped the day's list -- as shown below:
2. NSE 20 Index: Up 0.15%
3. FTSE NSE Kenya 25 Index: Up 0.09%
4. NASI (NSE All-Share Index): Up 0.04%
5. NSE 25 Index: Down 0.07%.
FOR SUMMARIES FOR EARLIER DATES, PLEASE READ: "UNASHIG's Share Price and Market Capitalization...February 14th to 18th 2022" {A link to even earlier dates will be found there}
