UNASHIG's Share Price and Market Capitalization of Holdings Quoted on the Nairobi Securities Exchange _ August 29th to September 2nd 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

Friday, September 2nd, 2022. 

Three key indices continued on an upward trajectory at today's close. The price of a CBshare weakened a further 0.86%, however, to close at KES2,020.00 (or US$16.81, at the forex rate of KES120.20 per US$). This performance left CBshare's ranking unchanged, in fourth place:

1. NASI (NSE All-Share Index): +0.47%

2. NSE 25 Index: +0.36%

3. NSE 20 Index: +0.26%

4. CBshare price (25 counters): -0.86%*. 

Unashig's market capitalization recorded a 0.86% decline as well, to close at KES6,748,023.50 (or US$56,139.96).

Here's how the four metrics ranked on a Week-on-Week basis:

1. NSE 20 Index: +0.81%

2. NSE 25 Index: +0.07%

2. NASI (NSE All-Share Index): +0.07%. 

4. CBshare price (25 counters): -1.08%*.

YTD, the value of a CBshare has fallen 12.14%. On the other hand, Unashig's market capitalization is 10.21% lower, reflecting recent losses and gains.

Thursday, September 1st, 2022.

Two key indices rose at today's close, while two registered a loss. The price of a CBshare weakened a further 0.18%, to close at KES2,037.44 (or US$16.95, at the forex rate of KES120.20 per US$). This performance placed CBshare's fourth in the ranking:

1. NSE 20 Index: +0.44%

2. NSE 25 Index: +0.09%

3. NASI (NSE All-Share Index): -0.07%

4. CBshare price (25 counters): -0.18%*. 

Unashig's market capitalization recorded a 0.18% decline as well, to close at KES6,806,295.00 (or US$56,624.75).

 

YTD, the value of a CBshare is 11.38% lower. On the other hand, Unashig's market capitalization is 9.44% lower, reflecting recent losses and gains.

Wednesday, August 31, 2022.

Three key indices fell at today's close, while one made a gain. The price of a CBshare weakened by 0.12%, to close at KES2,041.17 (or US$16.99, at the forex rate of KES120.14 per US$). This performance nevertheless raised CBshare's ranking back to the second position:

1. NSE 20 Index: +0.07%

2. CBshare price (25 counters): -0.12%*

3. NSE 25 Index: -0.33%

4. NASI (NSE All-Share Index): -0.49%. 

Unashig's market capitalization recorded a 0.12% decline as well, to close at KES6,818,752.00 (or US$56,756.72).

 

YTD, the value of a CBshare is 11.22% lower. Unashig's market capitalization is in turn 9.29% lower today, reflecting recent losses and gains.

Tuesday, August 30th, 2022. 

Three key indices fell at today's close. One remained unchanged. The price of a CBshare weakened 0.48% gain, to close at KES2,043.61 (or US$17.02, at the forex rate of KES120.05 per US$). This performance pushed CBshare's ranking down to the fourth place:

1. NSE 25 Index: 0.00%

2. NSE 20 Index: -0.03%

3. NASI (NSE All-Share Index): -0.10% 

4. CBshare price (25 counters): -0.48%*.

Unashig's market capitalization recorded a 0.48% decline as well, to close at KES6,826,908.00 (or US$56,867.21).

 

YTD, the value of a CBshare is 11.11% lower. Unashig's market capitalization is in turn 9.17% lower today, reflecting recent losses and gains.

Monday, August 29th, 2022. 

Three key indices closed this first trading day of the week on an upward posture. The price of a CBshare made a 0.56% gain, to close at KES2,053.46 (or US$17.11, at a weaker forex rate of KES120.05 per US$). This performance raised CBshare's ranking from the fourth to the second position, as shown below:

1. CBshare price (25 counters): +0.56%*

2. NASI (NSE All-Share Index): +0.17% 

3. NSE 20 Index: +0.08%

4. NSE 25 Index: -0.04%.

Unashig's market capitalization recorded a 0.56% growth as well, to close at KES6,859,803.00 (or US$57,141.22).

 

YTD, the value of a CBshare is 10.68% lower than it was at the beginning. Unashig's market capitalization in turn closed 8.73% lower today on a YTD basis, reflecting recent gains and losses.

READ: NSE shares dive despite higher corporate yearly earnings 

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READ: Listed Firms Raise Dividend Pay to Sh 130 Billion

SHAREHOLDERS ARE REMINDED THAT: While share trading is not Unashig's core business, it is an important aspect of an enterprise such as ours. Unashig is a limited liability company registered under Kenya's Companies Act. It is wholly owned by its registered shareholders, currently numbering 249. Investing the amounts generated through the periodic sale of issued CBshares in dividend/income-generating ventures is a prudent and indeed surer way of growing the company. Surer, certainly, than spending it on routine office activities.

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. 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, those pegged on the trajectory of any, or often all, of the three active NSE indices.  

READ: The Core Business of Unashig Kenya PLC.

FOR SUMMARIES FOR EARLIER DATES, PLEASE READ: "UNASHIG's Share Price and Market Capitalization, August 15th to 19th 2022"