Tuesday, May 17, 2022

UNASHIG's Share Price and Market Capitalization of Holdings Quoted on the Nairobi Securities Exchange _ May 16th to 20th 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 20th, 2022.

Friday was another down day for all metrics at the bourse.  CBshare price fell 1.10%, to close the day at KES1,948.39 (or US$16.72, at the forex rate of KES116.50 per US$). The ranking presented below shows that CBshare dropped to the fourth position in relative performance: 

1. FTSE NSE Kenya 25 Index: -0.61%
2. NSE 25 Index: -0.63%
3. NASI (NSE All-Share Index): -0.69%
4. CBshare price (25 counters): -1.10%* 
5. NSE 20 Index: -1.20%

Unashig's market capitalization also contracted, by 1.10%, to close at KES6,483,487.50 (or US$55,652.25). 

Performance on a Week-on-Week basis -- underscoring a deeper dip -- stacked up as follows, with CBshare ranking relatively better at the third position:


1. NSE 25 Index: -3.50%
2. NSE 20 Index: -3.82%
3. CBshare price (25 counters): -4.15%* 
4. FTSE NSE Kenya 25 Index: -4.40%
5. NASI (NSE All-Share Index): -5.11%.


Thursday, May 19th, 2022.

Reflecting the current malaise in stock markets globally, and within Kenya, CBshare price shed another 1.89%, to close the day at KES1,970.13 (or US$16.93, at the forex rate of KES116.40 per US$). All NSE indices fell as well. The ranking presented below shows that CBshare dropped to third place in relative performance: 

1. NSE 20 Index: -0.64%  
2. NSE 25 Index: -1.75%
3. CBshare price (25 counters): -1.89%* 
4. FTSE NSE Kenya 25 Index: -2.24%
5. NASI (NSE All-Share Index): -2.78%. 

Unashig's market capitalization contracted by 1.77%, to close at KES6,555,825.00 (or US$56,321.52) -- despite a small infusion of fresh capital today, albeit after a considerable period of 'drought'. 

Be not afraid to invest what you can in CBshare, even under prevailing circumstances -- which will go. Dips and opportunities are, all so often, "trends in tandem."

Wednesday, May 18th, 2022. 

CBshare price shed 1.33% to close the day lower at KES2,008.10 (or US$17.26, at the forex rate of KES116.35 per US$). However, all NSE indices fell more steeply than CBshare -- which once again outperformed the rest, as shown below: 

1. CBshare price (25 counters): -1.33%* 
2. NSE 20 Index: -1.45% 
3. NSE 25 Index: -1.66%
4. FTSE NSE Kenya 25 Index: -2.10%
5. NASI (NSE All-Share Index): -2.20%. 

Unashig's market capitalization also fell -1.33%, to close at KES6,674,130.00 (or US$57,362.53).

Tuesday, May 17th, 2022.

CBshare price rose 0.19% to close the day slightly higher at  KES2,035.14 (or US$17.49, at the forex rate of KES116.35 per US$). CBshare nevertheless stayed at the fourth position, as we see on the list below: 

1. FTSE NSE Kenya 25 Index: +0.39%
2. NSE 25 Index: +0.32%
3. NASI (NSE All-Share Index): +0.27% 
4. CBshare price (25 counters): +0.19%*
5. NSE 20 Index: -0.42% 

Unashig's market capitalization also grew 0.19%, to close at KES6,764,026.00 (or US$58,135.16).


Monday, May 16th, 2022.

CBshare price shed 0.07% to close the day lower at KES2,031.28 (or US$17.47, at the forex rate of KES116.30 per US$). As a result, CBshare's ranking dropped to fourth, as we see on the list below: 

1. NASI (NSE All-Share Index): +0.23% 
2. NSE 25 Index: +0.18% 
3. FTSE NSE Kenya 25 Index: +0.11%
4. CBshare price (25 counters): -0.07%* 
5. NSE 20 Index: -0.16%. 

Unashig's market capitalization also contracted 0.07%, to close at KES6,751,175.50 (or US$58,049.66).


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.  

READ: The Core Business of Unashig Kenya PLC.


FOR SUMMARIES FOR EARLIER DATES, PLEASE READ: "UNASHIG's Share Price and Market Capitalization...May 9th to 13th, 2022"