For a background to this continuing series of summaries at the end of each trading day on the Nairobi Securities Exchange (NSE), READ: Introductory remarks availed at this Link,
Share Price and Market Capitalization on Specified Days of the Week: April 6th to 9th, 2021:
Friday, April 9th, 2021: Share Price and Market Capitalization at Close of Day:
Unashig's share price edged 0.50% higher this Friday than yesterday, closing at KES 2,203.87 (or US$ 20.54, at the day's exchange rate of US$1 = KES 107.30). In comparison, NSE 20-share index rose by 0.63%, while NASI (Nairobi All-Share Index) had a 0.52% gain. On a YTD (Year-To-Date) basis, the share price has now risen by 7.91% over the KES 2,042.35 level at which it closed on December 31st, 2020. The company's outstanding CA and CB shares remained at 2,951.11. No new shares were bought on the NSE.
At KES 6,503,849.50 (or US$ 60,613.70), Unashig's market capitalization also closed on a positive note today, registering a 0.50% gain since yesterday. YTD, today's valuation represents a gain of 16.97% over the KES 5,560,154.50 valuation recorded at the close of year 2020. Compared to valuation for the end of 2019 (Unashig's first full year of operation), today's figure shows a gain of 284.30%.
IMPORTANT NOTE: Until the close of trading at 3:00 PM (GMT+3) on Monday, April 12th -- and the subsequent release by NSE of Monday's stats approximately 60 to 90 minutes thereafter -- KES 2,203.87 (or US$ 20.54) will prevail as the price at which each Unashig CA or CB share may be bought from the company. As tabulated in the Unashig Share Pricing Formula, the buyer also bears a third of the RTGS charge (for each remittance to the Broker's account in which his/her own current purchase is a part of) and all the related statutory and brokerage charges levied when the specific value of his/her CA and/or CB share(s) is, accordingly, pegged (converted) to the value of quoted shares being collectively bought on the NSE at the material time. For each investor involved, the total of these related charges generally adds up to roughly 2.4% of the pegged value of the shares bought on the stock exchange on a specific date -- that is, 2.4% of the number of shares ordered and subsequently bought x the prevailing 'Unashig' share price.
Thursday, April 8th, 2021: Share Price and Market Capitalization at close of Day:
Unashig's share price edged slightly downwards (-0.86%) today, the second day in a row, and closed at KES 2,192.84 (or US$ 20.30, at the exchange rate of US$1=KES108.00). On a YTD basis, however, the share price has appreciated by 7.37%, considering the KES 2,042.35 level at which it closed on December 31st, 2020.
The company's outstanding CA and CB shares remained steady at 2,951.11. However, a few quoted shares were added to the company's portfolio, as a continuation of the previous day's transactions.
At the close of NSE trading today, Unashig's Market capitalization dipped (-0.86%) lower than the previous day -- standing at a new level of KES 6,471,298.50 (or US$59,191.43). However, YTD change represents a KES 911,144.00 (or US$8,436.52, or 16.39%) gain in the company's valuation. Going back to the end of 2019, we see that -- despite today's dip -- cumulative growth in capitalization during the period has been of a much greater magnitude, closing today at 282.38%.
Wednesday, April 7th, 2021: Share Price and Market Capitalization at Close of Day:
Unashig's share price dropped slightly (-0.12%) this Wednesday, compared to yesterday's price, closing today at KES 2,211.80 (or US$20.43, at the exchange rate of US$1 = KES 108.25). YTD, this price-change represents an 8.30% gain since December 31st, 2020.
Additional CB shares were bought today, and Unashig bought more quoted shares on the NSE. The total of outstanding CA and CB shares rose to 2,951.11.
Market capitalization closed the day 1.01% higher than yesterday, at KES 6,527,276.00 (or US$ 60,298.16). YTD, market capitalization has grown by 17.39%. A 285.68% growth in capitalization since December 31st, 2019 is even more noteworthy -- though admittedly from a small base of KES 1,692,388.00).
Tuesday, April 6th, 2021: Share Price and Market Capitalization at Close of Day:
Unashig's share price continued with the gain it had recorded the previous Thursday, and finished this Tuesday's trading higher by 0.57%, at KES 2,214.36 per share (or US$ 20.39 at the exchange rate of US$1= KES 108.61). YTD, this price trajectory represents a gain of 8.2% -- that is, since the KES 2,042.35 level recorded on December 31st, 2020.
Some CB shares were bought during the long weekend, and we did buy some prized bits of the dip today. The number of Unashig shareholders rose by one to reach 223, while the total of outstanding CA and CB shares increased to 2,918.11. We will soon go past 3,000!
Market capitalization closed the day at KES 6,461,757.50, or US$ 59,495.05, thus marking a gain of 1.05% since Thursday. The 16.22% gain in capitalization YTD was certainly more noteworthy. So was the 280.82% gain since December 31st 2019.
[NB; There was no trading on Monday, April 6th, which was a public holiday -- a continuation, and last day, of the long Easter Weekend]
READ: Unashig's Share Price and Market Capitalization: Week of March 29th to April 2nd, 2021
