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 16th, 2022.
CBshare closed 1.08% down, at KES1.987.86 (or US$16.49, at the forex rate of KES120.55 per US$). However, its ranking moved a step higher to first place, as shown below:
1. CBshare price (25 counters): -1.08%*2. NASI (NSE All-Share Index): -1.37%3. NSE 25 Index: -1.58% 4. NSE 20 Index: -1.64%.
Unashig's market capitalization dropped a further 1.08% as well, to close at KES6,648,605.00 (or US$55,152.26).
Here's how the metrics ranked on a Week-on-Week basis:
1. NSE 20 Index: -2.22%2. CBshare price (25 counters): -4.41*3. NSE 25 Index: -5.49% 2. NASI (NSE All-Share Index): -6.57%.
YTD, the price of a CBshare is down by 13.53%. Unashig's market capitalization, on the other hand, is 11.54% lower, YTD, reflecting recent losses and gains.
Thursday, September 15th, 2022.
CBshare shed 1.79% of its value, to close at KES2,009.57 (or US$16.68, at the forex rate of KES120.50 per US$). Despite this drop, however, its ranking stayed put at number two, as shown below:
1. NSE 20 Index: -0.73%2. CBshare price (25 counters): -1.79%*3. NSE 25 Index: -1.89% 4. NASI (NSE All-Share Index): -2.93%.
Unashig's market capitalization dropped a further 1.79% as well, to close at KES6,721,305.50 (or US$55,778.47).
YTD, the price of a CBshare is down by 12.59%. Unashig's market capitalization, on the other hand, is 10.57% lower, YTD, reflecting recent losses and gains.
Wednesday, September 14th, 2022.
The price of a CBshare fell 0.72%, to close at KES2,046.17 (or US$16.99, at the forex rate of KES120.40 per US$). Despite this fall, CBshare's ranking was unchanged at number two:
1. NSE 20 Index: +0.15%2. CBshare price (25 counters): -0.73%*3. NSE 25 Index: -1.01% 4. NASI (NSE All-Share Index): -1.14%.
Unashig's market capitalization dropped a further 0.69%, to close at KES6,843,653.00 (or US$56,840.97).
YTD, the price of a CBshare is down 11.00%. Unashig's market capitalization is lower, at 8.94% YTD, reflecting recent losses and gains.
Tuesday, September 13th, 2022.
The stock market was closed on Tuesday. It was a national public holiday, declared to mark the inauguration of Kenya's 5th President, Dr. William Samoei Ruto, following recent elections.
Monday, September 12th, 2022.
All four indices slid at today's close. The price of a CBshare fell 0.89%, to close at KES2,061.11 (or US$17.12, at the forex rate of KES120.40 per US$). Despite this fall, CBshare's ranking was unchanged at number two:
1. NSE 20 Index: -0.01%2. CBshare price (25 counters): -0.89%*3. NSE 25 Index: -1.12% 4. NASI (NSE All-Share Index): -1.28%.
Unashig's market capitalization also declined a further 0.89%, to close at KES6,891,543.50 (or US$57,233.73).
YTD, the price of a CBshare is down 10.35%. Unashig's market capitalization is lower, at 8.31% YTD, reflecting recent losses and gains.
READ: NSE shares dive despite higher corporate yearly earnings
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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....Capitalization, September 5th to September 9th 2022."
