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, December 2nd, 2022.
Only two indices made gains today, as the performance ranking shown below indicates. The NSE20 Index led the pack, jumping from third to first. CBshare 's ranking improved from fourth yesterday to second today, gaining 0.14% in value to close at at KES1,867.06 (or US$15.23, at the forex rate of KES122.60 per US$):
1. NSE 20 Index: +0.65%
2. CBshare price (25 counters): +0.14%*
3. NASI (NSE All-Share Index): -0.35%
4. NSE 25 Index: -0.45%.
KES1,867.06 is the new price (before we add the standard stock-market trading charges that apply) at which a CBshare will now be traded -- until 5:00 PM, Monday, December 5th.
Unashig's market capitalization also gained 0.14%, to close at KES6,285,657.50 (or US$51,269.64).
YTD, the price of a CBshare has fallen by 18.79%, while Unashig's market capitalization has declined by 16.37%. NSE's market capitalization has remained down by 27.09%, YTD.
Thursday, December 1st, 2022.
All metrics made marginal gains at today's close, reversing yesterday's trend. As we see below, CBshare 's ranking fell to fourth, having gained the least value (+0.05%). It closed at KES1,864.42 (or US$15.21, at the forex rate of KES122.55 per US$):
1. NASI (NSE All-Share Index): +0.30%
2. NSE 25 Index: +0.23%
3. NSE 20 Index: +0.11%
4. CBshare price (25 counters): +0.05%*. .
Unashig's market capitalization also gained 0.05%, to close at KES6,276,772.00 (or US$51,218.05).
YTD, the price of a CBshare has fallen by 18.90%, while Unashig's market capitalization has dropped by 16.48%. NSE's market capitalization has shrunk by 27.09%, YTD.
Wednesday, November 30th, 2022.
There were no gainers at today's close. CBshare nevertheless dipped the least (-0.38%), to close at KES1,863.54 (or US$15.21, at the forex rate of KES122.56 per US$). Here is how the metrics ranked:
1. CBshare price (25 counters): -0.30%*
2. NSE 20 Index: -0.44%
3. NASI (NSE All-Share Index): - 0.59%.
4. NSE 25 Index: -0.78%.
Unashig's market capitalization also dropped 0.30%, to close at KES6,273,821.00 (or US$51,189.79).
YTD, the price of a CBshare has fallen by 18.94%, while Unashig's market capitalization has dropped by 16.52%.
Tuesday, November 29th, 2022.
All but NASI closed Tuesday on a positive note. Among the 3 gainers was CBshare, whose price climbed 0.118%, to close at KES1,869.18 (or US$15.26, at the forex rate of KES122.50 per US$). Here below is how the metrics ranked:
1. NSE 25 Index: +0.45%
2. CBshare price (25 counters): +0.11%*
3. NSE 20 Index: +0.10%
4. NASI (NSE All-Share Index): - 0.09%.
Unashig's market capitalization also climbed 0.11%, to close at KES6,292,793.00 (or US$51,369.74).
YTD, the price of a CBshare has fallen by 18.70%, while Unashig's market capitalization has dropped by 16.27%. In contrast, NSE's market capitalization has remained steady at a 26.72% loss in value, YTD, having closed this Tuesday at a rounded constant of KES1.98 Trillion.
Monday, November 28th, 2022.
Only NASI closed this new trading day on a positive note. CBshare price fell 1.08%, to close Monday lower, at KES1,867.07 (or US$15.23, at the forex rate of KES122.56 per US$). Here below is how the metrics ranked at the close:
1. NASI (NSE All-Share Index): +0.05%
2. NSE 25 Index: -0.24%
3. NSE 20 Index: -0.54%
4. CBshare price (25 counters): -1.08%*
KES1,867.07 is the new price (before we add the standard stock-market trading charges that apply) at which a CBshare will now be traded -- until 5:00 PM, Tuesday, November 29th.
Unashig's market capitalization also fell -1.08%, to close at KES6,285,704.05 (or US$51,286.75).
YTD, the price of a CBshare has fallen by 18.79%, while Unashig's market capitalization has dropped by 15.45%. In contrast, NSE's market capitalization has remained steady with a -26.72% loss in value, YTD, having closed this Monday at a rounded constant of KES1.98 Trillion.
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....Capitalization, November 21st to November 25th, 2022. "
BOOK LINK: Rock of the Boat
NOTE: 1) Buy and Read the eBook Edition of Rock of the Boat Using a Free Kindle eBook App: Tap or Click on This Link To Download the Free eBook App
2) Alternatively, with a current subscription to Amazon Kindle Unlimited, you can download to your E-Reader, for free, a complete copy of Rock of the Boat.
