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 1st, 2023.
Three indices made gains on this first trading day of December 2023. CBshare (-0.07%) was not one of them, however. As a result, it dropped from first position to fifth out of five, as we see below; while NSE 10 Index jumped from fifth to first.
The price of a CBshare closed at KES1,645.66 (or US$10.74, at the same forex rate as we saw yesterday -- that is, KES153.25 per US$). Here below is Friday's performance ranking:
1. NSE 10 Index: +0.93%
2. NSE 25 Index: +0.81%
3. NASI: +0.37%
4. NSE 20 Index: -0.04%
5. CBshare price (25 counters): -0.07%.
[NOTE: NASI is the abbreviation for Nairobi All Share Index. As of August 3rd, 2023, and going back many months, a total of 56 active counters could be tracked as NASI constituents on NSE's electronic Trading Floor-cum-Platform. In updating the count for its own internal purposes, Unashig excluded the following seven counters due to their lack of detectable, or regular, activity on the Floor: Homeboyz, Uchumi, KPLC (two Preference Share categories), Kurwitu, Kenya Airways, and Mumias Sugar Company. Some of them remain officially suspended by the regulator].
*** KES1,645.66 (US$10.74) is CBshare's new trading price. It will prevail until 5:00 PM Monday, December 4th. As is the practice at the Nairobi Securities Exchange (NSE) and in keeping with Unashig's pegging principle, a buyer will need to add to the stated price the standard stock trading charges that apply at the NSE -- that is, 3.55% of the price of each CBshare bought (up to nine CBshares in a day's transaction).
YTD (Year-To-Date): The price of a CBshare is down 13.18%, while Unashig's portfolio valuation stands at -10.69%. Overall, the market capitalization of the Nairobi Securities Exchange continues to be 26.77% down.
Starting from farther back -- at end-of-year 2021 when it closed at KES7,515,735.50 -- Unashig's portfolio valuation has shed 23.76% of its value. NSE's market capitalization level continues to be 43.58% down.
As a percentage of NSE's immensely larger market valuation, Unashig's market capitalization is unchanged today, at 0.0004%.
Thursday, November 30th, 2023.
Only CBshare (+0.28%) recorded a gain today, consequently rising to the top of the ladder. It closed at KES1,646.81 (or US$10.75, at a forex rate of KES153.25 per US$). Here below is the day's ranking:
1. CBshare price (25 counters): +0.28%
2. NASI: -0.45%
3. NSE 20 Index: -0.87%
4. NSE 25 Index: -0.90%
5. NSE 10 Index: -1.09%.
YTD (Year-To-Date): The price of a CBshare is down 13.18%, while Unashig's portfolio valuation stands at -10.69%. Overall, the market capitalization of the Nairobi Securities Exchange continues to be 26.77% down.
Starting from farther back -- at end-of-year 2021 when it closed at KES7,515,735.50 -- Unashig's portfolio valuation has shed 23.76% of its value. NSE's market capitalization level continues to be 43.58% down.
As a percentage of NSE's immensely larger market valuation, Unashig's market capitalization is unchanged today, at 0.0004%.
Wednesday, November 29th, 2023.
Only two metrics made gains today, ranking first and second: NSE 10 Index (+0.29%) and CBshare's price per share (+0.09%). CBshare closed at KES1,642.28 (or US$10.73, at a forex rate of KES153.10 per US$). Here below is the day's performance ladder:
1. NSE 10 Index: +0.29%
2. CBshare price (25 counters): +0.09%
3. NASI: -0.13%
4. NSE 25 Index: -0.20%
5. NSE 20 Index: -0.32%.
YTD (Year-To-Date): The price of a CBshare is down 13.42%, while Unashig's portfolio valuation has dropped 10.94%. Overall, the market capitalization of the Nairobi Securities Exchange is 26.77% down.
Starting from farther back -- at end-of-year 2021 when it closed at KES7,515,735.50 -- Unashig's portfolio valuation has shed 23.97% of its value. NSE's market capitalization level now stands at -43.58%.
As a percentage of NSE's immensely larger market valuation, Unashig's market capitalization remains 'constant' today at 0.0004%.
Tuesday, November 28th, 2023.
All indices returned to a winning mode today. NASI (+1.38%) regained the lead that it last held this past Wednesday. NSE 10 Index surged from fifth place yesterday to second. CBshare (+0.28%) was tied in fourth place with NSE 20 Index. As we see below, it closed at KES1,640.84 (or US$10.72, at a forex rate of KES153.00 per US$):
1. NASI: +1.38%
2. NSE 10 Index: +0.69%
3. NSE 25 Index: +0.57%
4. NSE 20 Index: +0.28%
5. CBshare price (25 counters): +0.28%.
YTD (Year-To-Date): The price of a CBshare is down 13.50%, while Unashig's portfolio valuation has dropped by 11.02%. Overall, the market capitalization of Nairobi Securities Exchange is 27.78% down.
Starting from farther back -- at end-of-year 2021 when it closed at KES7,515,735.50 -- Unashig's portfolio valuation has so far shed 24.03% of its value. NSE's market capitalization level has worsened to -44.36%.
As a percentage of NSE's immensely larger market valuation, Unashig's market capitalization remains 'constant' today at 0.0004%.
Monday, November 27th, 2023.
All five metrics in our 'stable' started this new week in relatively deep dives. None showed any gains in between the dives. Still, NSE 20 Index (-0.10%) jumped from fourth place last Friday to first today. CBshare (-0.83%) moved from fifth place last Friday to second today, closing at KES1,636.28 per share (or US$10.70, at a stifling forex rate of KES152.95 per US$). Here's how each metric performed:
1. NSE 20 Index: -0.10%
2. CBshare price (25 counters): -0.83%
3. NSE 25 Index: -1.07%
4. NASI: -1.12%
5. NSE 10 Index: -1.34%.
YTD (Year-To-Date): The price of a CBshare is down 13.74%, while Unashig's portfolio valuation has dropped by 11.26%. Nairobi Securities Exchange's market capitalization, overall, is 27.78% down.
Starting from farther back -- at end-of-year 2021 when it closed at KES7,515,735.50 -- Unashig's portfolio valuation has so far shed 24.24% of its value. NSE's market capitalization level is down 44.36%.
As a percentage of NSE's market valuation, Unashig's market capitalization remains unchanged today at 0.0004%.
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