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 (availed at this link)
Share Price and Market Capitalization on Specified Days of the Week:
Friday, July 16th, 2021: Unashig's Share Price and Market Capitalization at the Close of Trading Day.
The CBshare price closed Friday at a new high of KES 2,499.08 (or US$ 23.09, at the forex rate of US$1:KES108.21). This new peak was 0.89% higher than Thursday's closing mark. Furthermore, today's closing price shows that the CBshare outpaced both the NSE 20 index (which gained 0.13%) and NASI (which declined by 0.07%). On a W/W basis as well, the CBshare price closed today 2.15% higher (than last Friday). And YTD -- that is, since December 31st, 2020 -- it has climbed 22.35%. We eagerly, and with some suspense, wait to see where it will be at the end of this year.
Unashig bought some quoted shares today across nine NSE counters on which it already has a presence. However, its own outstanding shares remained steady at 3,119.11. We continue to urge those with fractions of CBshares to top up and round them off at the going rate, and at the earliest. Fractional shares don't earn you any dividends, and will cost you more to round off the longer you procrastinate.
READ: "Locals buy Sh11bn more KCB stake" ~ Business Daily (July 15, 2021)
ALSO READ: "NSE foreign investor outflows slow down as market recovers" ~ Business Daily (July 14, 2021)
Since yesterday's close, Unashig's market capitalization has climbed 0.89% -- to a new high of KES 7,794,920.00 (or US$ 72,035.17). Keen observers will recall that it first broke through the KES 7m barrier less than two months ago -- on May 24th, 2021. What remains to be seen is when in the remainder of this year it will reach the KES 8m milestone, on the way toward KES 10m.
YTD (i.e. since December 31st, 2020), the company's market capitalization has grown 40.19%. And since December 31st 2019, it has registered a 359.50% accumulated gain.
Thursday, July 15th, 2021: Unashig's Share Price and Market Capitalization at the Close of Trading Day.
The price of a CBshare closed the day 0.96% higher, at KES 2,476.92 (or US$22.89, at the forex rate of US$1:KES108.20). Its rise was nevertheless eclipsed by one NSE index (NASI, which jumped 1.49%), but in turn outshone that of NSE 20 (which had a 0.73% gain). Additional CBshares were bought today, raising the total outstanding to 3,119.11. The proceeds of today's share sale will be invested in quoted shares tomorrow.
YTD, the CBshare has grown 21.27% in value.
Unashig's market capitalization showed a dramatic intraday gain of 1.25%, closing at KES 7.725,778 (or US$ 71,402.75). YTD, it has grown by 38.95%. And since December 31st, 2019, it has realized a 355.43% growth.
Wednesday, July 14th, 2021: Unashig's Share Price and Market Capitalization at the Close of Trading Day.
The CBshare price reversed course, jumped 0.35% and closed the day at a new high of KES 2,453.25 (or US$ 22.72, at the forex rate of US$1:KES108.00). Additional CBshares were bought today, raising the total outstanding to 3,110.11. Unashig also added to its portfolio some quoted shares from several NSE counters.
All in all, the CBshare found its trajectory sandwitched between two NSE indices. While it outperformed the NSE 20 index (which gained 0.11%), it finished behind NASI (which climbed 0.75%). Not a bad show at all, however, in this see-saw flight into the future.
YTD, the CBshare has continued to display its "feisty" disposition, having jumped 20.12% higher now than it stood at the beginning of 2021.
Unashig's market capitalization also reversed course, closing 0.45% higher at KES 7,630,192.00 (or US$ 70,649.95). YTD, it closed with a 37.23% gain. Since December 31st, 2019, its accumulated value has risen 349.79%.
Tuesday, July 13th, 2021: Unashig's Share Price and Market Capitalization at the Close of Trading Day.
The CBshare price closed in "negative territory" today, at -0.08%. It settled at KES 2,444.77 (or US$ 22.65, at the forex rate of US$1:KES107.95). It was outperformed by both NSE 20 (which had a 0.39% gain) and NASI (0.23%). YTD, however, the CBshare maintains a firm positive outlook. It still shows a robust gain -- now standing at 19.69% since the beginning of 2021.
Unashig's market capitalization also dipped 0.08%, closing today at KES 7,596,171.00 (or US$70,367.49). YTD, however, it closed with a 36.62% gain -- which was a little lower than Monday's level of 36.73%, Since December 31st, 2019, it has now jumped 347.78%.
READ: Murori Kiunga "How to invest wisely in stocks, treasury bills"
Monday, July 12th, 2021: Unashig's Share Price and Market Capitalization at the Close of Trading Day.
The CBshare price closed today 0.37% lower than last Friday, settling at KES 2,446.80 (or US$22.86, at the marginally improved forex rate of US$ 1:KES107.90). The dip in the CBshare price was indeed less steep than the declines in two NSE indices as reported by Dyer & Blair, namely: NSE 20 (-0.39%) and NASI (-0.45%). On a YTD basis, the CBshare price closed the day 19.79% higher.
Unashig's market capitalization also registered a 0.37% dip, closing at KES 7,602,471.50 (or US$70,458.49). YTD, it has grown by 36.73%. Since December 31st, 2019, its value has garnered a 348.16% gain.
FOR SUMMARIES FOR EARLIER DATES, PLEASE READ: UNASHIG's Share Price and Market Capitalization of Holdings Quoted on the Nairobi Securities Exchange_July 5th to July 9th, 2021 [A link to earlier dates will be found there]
