Tuesday, December 28, 2021

UNASHIG's Share Price and Market Capitalization of Holdings Quoted on the Nairobi Securities Exchange _ December 27th - December 31st 2021.

 For a Background to this series of summaries at the close of each trading day, READ: "Introduction to Trends in Unashig's CBshare Price and Market Capitalization."


Share Price and Market Capitalization on Specified Days of the Week:

Friday, December 31st, 2021.

[NOTE (January 3rd, 2022): The end-of-year data presented below represent necessary corrections to the version published on December 31st. These corrections start with, and are essentially anchored on, the fact that market capitalization at the close was KES 7,515,735.50, and not KES 7,514,516.50 as reported in the earlier version -- which had undercounted the number of shares held in KenGen (13,500 and not 13,400) and NSE (52,500 and not 52,400)]

CBshare price rallied 0.44% to close the year at KES 2,299.02 (or US$ 20.32, at the forex rate of KES 113.15 per US$). Four key NSE indices also gained ground, at marginally different rates, as the ranking below shows:

1) FTSE NSE Kenya 25 Index: Up 0.98%
2) NSE 25 Index: Up 0.78%
3) NASI (NSE All Share Index): Up 0.72%
4) CBshare price: Up 0.44%*
5) NSE 20 Index: Up 0.26%. 

This ranking turns upside-down, so to speak, when we assess performance on a week-on-week basis (see below):

1) NSE 20 Index: Up 0.03%
2) NSE 25 Index: Down 0.42%
3) FTSE NSE Kenya 25 Index: Down 1.18%
4) CBshare price: Down 1.37%
5) NASI (NSE All Share Index): Down 2.41%.

On this last day of year 2021 (i.e. on a YTD basis), CBshare price closed with a 12.56% gain. 

Victor Juma's article in this Friday's Business Daily, in which he ranks investment gains made in 2021, shows clearly that, unless one had invested in 20-year bonds (20 years!), investment in quoted securities was the thing to do. 

Unashig's market capitalization closed the year with a 35.17% cumulative gain -- that is, at KES 7,515,735.50 (or US$ 66,422.76). When you add a 2.0% dividend yield attributable to year 2021 (which, incidentally, was not a good year for dividend payments), the year's gain goes even higher. No bond issues will give you this level of gain or liquidity. Counting from December 31st, 2019, market capitalization surged 344.09%. However, we are now shifting our "base data" (or base date) to the more realistic stats reported at the close of trading on December 31st, 2020. These were the same stats on record when the 2021 trading year opened for the first time in January 2021. 
   

IMPORTANT NOTE: CBshare is now priced at KES 2,299.02 (US$ 20.32) -- plus statutory and brokerage charges ranging from 3.55% of the price of one share to 2.26% of the combined price of 10 shares bought at a particular time. That price will hold until 5:00 PM (GMT+3), Monday, January 3rd, 2022. A new price will be released early or later Monday night.

RELATED: NSE Daily Pricelist.


Thursday, December 30th, 2021. 

CBshare fell 0.88% to close at KES 2,288.96 (or US$ 20.23, at the forex rate of KES 113.15 per USD). It wasn't a good penultimate day of year 2021, either, for NSE indices. All of them fell, leaving us with this 'nearly' identical performance rating (two days in a row) to ponder:

1) NSE 20 Index: Down 0.09%
2) NSE 25 Index: Down 0.69%
3) CBshare price: Down 0.88%*
4) FTSE NSE Kenya 25 Index: Down 1.16%
5) NASI (NSE All Share Index): Down 1.55%.

YTD, CBshare closed at a lower point (12.07%) on the growth curve than we saw yesterday.

Unashig's market capitalization also retreated by 0.88%, closing the day at KES 7,480,583.50 (or US$ 66,112.09). YTD it closed at the 34.54% point on the growth curve. Since December 31st, 2019, it has made a 342.01% gain. 


Wednesday, December 29th, 2021.

CBshare retreated 0.20% to close at KES 2,309.34 (or US$ 20.41, at the forex rate of KES 113.15 per US$). Nevertheless, its relative performance rallied from fourth to second position (which it held jointly with NSE 25 index, even as the latter also dipped). Here's today's ranking:

1) NSE 20 Index: Up 0.49%
2) NSE 25 Index: Down 0.20%
2) CBshare price: Down 0.20%*
4) FTSE NSE Kenya 25 Index: Down 0.46%
5) NASI (NSE All Share Index): Down 0.72%.

YTD, CBshare closed at the 13.06% on the growth curve.

Unashig's market capitalization dropped 0.20% as well, to close at KES 7,547,172.50 (or US$ 66,700.60). YTD, it closed at 35.74% point on the growth curve. SinceDecember 31st, 2019, this value has grown to 345.95% (signaling a dip a little under one percentage point compared to the day before).


Tuesday, December 28th, 2021:

The stock market was closed yesterday for an extended version of Christmas and Boxing Day. A shortened trading week which began today closed with all key indices pointing south. The price of a CBshare dipped 0.71% to close at KES 2,313.97 (or US$ 20.45, at the forex rate of KES 113.15 per US$).

Here's today's performance ranking at the close (showing that CBshare went a notch higher compared to last Friday):

1) NSE 25 Index: Down 0.31%
2) FTSE NSE Kenya 25: Down 0.52%
3) NSE 20 Index: Down 0.63%
4) CBshare price: Down 0.71%*
5) NASI (NSE All Share Index): Down 0.86%.

YTD, CBshare closed at the 13.29% point on a frequently shape-shifting growth curve. Let's see where it ends this Friday.

Like CBshare, Unashig's market capitalization dipped 0.71%. It closed at KES 7,562,316.50 (or US$ 66,834.44). YTD, it closed at 36.01% on the curve. Since December 31st, 2019, its growth trajectory has now settled at the 346.84% growth point.


FOR SUMMARIES FOR EARLIER DATES, PLEASE READ: "UNASHIG's Share Price and Market Capitalization... December20th - 24th 2021" {A link to earlier dates will be found there}