Monday, May 09, 2022

UNASHIG's Share Price and Market Capitalization of Holdings Quoted on the Nairobi Securities Exchange _ May 9th to 13th 2022

  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 [Abridged]  


Friday, May 13th, 2022.

CBshare price dipped 1.18% to close the day at KES2,032.78 (or US$17.48, at the forex rate of KES116.20 per US$). This performance placed it second to NSE 20 Index (+0.77%) on the list shown below: 

1. NSE 20 Index: +0.77%. 
2. CBshare price (25 counters): -1.18%* 
3. NSE 25 Index: -1.31% 
4. FTSE NSE Kenya 25 Index: -2.01%
5. NASI (NSE All-Share Index): -2.75%

Unashig's market capitalization also declined 1.18%, to close at KES6,756,161.00 (or US$58,142.52).

Here is how the metrics ranked on a Week-on-Week basis (with all of them closing in the negative):

1. NSE 20 Index: -0.48%. 
2. CBshare price (25 counters): -1.88%* 
3. NSE 25 Index: -2.46% 
4. FTSE NSE Kenya 25 Index: -3.22%
5. NASI (NSE All-Share Index): -3.51%.


Thursday, May 12th, 2022.

CBshare price and all the usual NSE indices fell today. As we see in the ranking below, however, CBshare declined the least and consequently regained its top position. It shed 0.79% to close at KES2,056.96 (or US$17.72, at the forex rate of KES116.10 per US$). 

1. CBshare price (25 counters): -0.79%* 
2. NSE 25 Index: -0.86% 
3. FTSE NSE Kenya 25 Index: -0.91%
4. NASI (NSE All-Share Index): -1.09%
3. NSE 20 Index: -1.17%.

Unashig's market capitalization also declined 0.79%, to close at KES6,836,524.50 (or US$58,884.79).

Wednesday, May 11th, 2022.

CBshare price shed 0.07% to close at KES2,073.35 (or US$17.86, at the forex rate of KES116.10 per US$). As shown in the ranking below, all the NSE indices closed in positive territory and outperformed CBshare:

1. NSE 25 Index: +0.49% 
2. NASI (NSE All-Share Index): +0.40%
3. NSE 20 Index: +0.33%.
4. FTSE NSE Kenya 25 Index: +0.19%
5. CBshare price (25 counters): -0.07%* 

Unashig's market capitalization also declined 0.07%, to close at KES6,891,017.00 (or US$59,354.15).

Tuesday, May 10th, 2022.

CBshare price made another marginal gain today, rising 0.08% and closing at KES2,074.85 (or US$17.87, at the forex rate of KES116.10 per US$). This performance returned it to first place. It was the only one among the key indices to close in positive territory, as shown below:

1. CBshare price (25 counters): +0.08%*
2. NASI (NSE All-Share Index): -0.26%
3. NSE 20 Index: -0.31%.
4. FTSE NSE Kenya 25 Index: -0.62%
5. NSE 25 Index: -0.65%. 

Unashig's market capitalization also gained 0.08%, to close at KES6,895,985.00 (or US$59,422.53).


Monday, May 9th, 2022.

For the first time in the last 16 days (since April 21st), CBshare price closed in positive territory (+0.07%) at KES2,073.27 (or US$17.87, at the forex rate of KES116.05 per US$). However, its performance ranking dropped to third, as shown below:

1. NASI (NSE All-Share Index): +0.17%
2. FTSE NSE Kenya 25 Index: +0.11%
3. CBshare price (25 counters): +0.07%*
4. NSE 20 Index: -0.09% 
5. NSE 25 Index: -0.16%.

Unashig's market capitalization also expanded by 0.07%, to close higher at KES6,890,732.00 (or US$59,377.27, at a weaker forex rate).

ALL ARE ADVISED THAT: Share trading is not Unashig's core business, but an important aspect of enterprise. Unashig is a limited liability company registered under Kenya's Companies Act and entirely owned by its registered shareholders. 

The average number of CBshares held per shareholder remains very low, however. This is not conducive to rapid capital/asset growth, or the generation of substantial and distributable dividend income from stock holdings. For over 12 months, the value of our CBshare has proven that Unashig's investment decisions continue to be competitive with, and quite frequently superior to, investment decisions pegged on the trajectory of any or often all of the four leading NSE indices. Indeed, its aggregate annual yield is, in percentage terms, superior to that of bonds issued in Kenya and, from what we can see, bond yields reported by US and European securities exchanges.  

READ: The Core Business of Unashig Kenya PLC.


FOR SUMMARIES FOR EARLIER DATES, PLEASE READ: "UNASHIG's 

Share Price and Market Capitalization...May 2nd to 6th, 2022"