Monday, January 31, 2022

UNASHIG's Share Price and Market Capitalization of Holdings Quoted on the Nairobi Securities Exchange _ January 31st to February 4th 2022

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, February 4th, 2022.

The price of a CBshare climbed a further 0.21% to close at KES2,316.90 (or US$ 20.39, at the forex rate of KES113.65 per US$). Incidentally, this was the highest point on the curve after January 10th, 2022. It may suggest that Kenya's stock market as a whole is on a path to recovery. Market capitalization also rose 0.21% to close this Friday at KES 7,663,387.00 (or US$ 67,429.71).

Here's how CBshare and the usual indices ranked at today's close:

1. NASI (NSE All-Share Index): Up 0.24%
2. FTSE NSE Kenya 25 Index: Up 0.24%
3. CBshare price (25 counters): Up 0.21%*
4. NSE 25 Index: Up 0.04%
5. NSE 20 Index: Down 0.02%.

And here's the latest performance ranking among the metrics on a Week-on-Week (W-o-W) basis:

1. FTSE NSE Kenya 25 Index: Up 4.03%
2. NASI (NSE All-Share Index): Up 3.71%
3. NSE 25 Index: Up 3.25%
4. CBshare price: Up 2.82%*
5. NSE 20 Index: Up 1.38%.

YTD -- that's since the December 31st, 2021 baseline -- the price of a CBshare has grown 0.78%, while market capitalization has gained 1.96%. Since December 31st, 2020, on the other hand, CBshare has recorded a 12.93% hike, while the rise in market capitalization has hit 37.83%. 

SUMMARY: CBshare is now priced at KES2,316.90 (US$20.39) -- plus (for trading purposes) statutory and brokerage charges ranging from approximately 3.55% of the price of one share to 2.26% of the price of 10 shares bought at the same time. That price will remain steady until 5:00 PM (GMT+3) Monday, February 7th. A new price will be released early or later Monday night.


Thursday, February 3rd, 2022.

The price of a CBshare jumped only 0.14% to close at KES2,312.07 (or US$20.36, at the forex rate of KES113.55 per US$). Though this was its second-highest price level since January 7th, 2022, it trailed the usual NSE indices as its ranking fell from third to fifth at today's close, as we see below:

1. NSE 20 Index: Up 0.45%
2. FTSE NSE Kenya 25 Index: Up 0.44%
3. NASI (NSE ALL-SHARE Index): Up 0.42%
4. NSE 25 Index: Up 0.33%
5. CBshare price (25 counters): Up 0.14%*.

Unashig's market capitalization also gained 0.14%, closing at KES7,647,440.50 (US$67,348.66). This happens to be the second-highest valuation since January 7th, 2022 -- when it closed at KES7,754,677.50.

YTD, the price of a CBshare has gained 0.57%, while market capitalization has jumped 1.75%.

Since our baseline of December 31st, 2020, the price of a CBshare has climbed 12.54%, while market capitalization has hit the 37.54% point on the far-from-static valuation curve. 

SUMMARY: CBshare is now priced at KES2,312.07 (US$20.36) -- plus (for trading purposes) statutory and brokerage charges ranging from approximately 3.55% of the price of one share to 2.26% of the price of 10 shares bought at the same time. That price will remain steady until 5:00 PM (GMT+3) Friday, February 4th. A new price will be released early or later Friday night.

  

Wednesday, February 2nd, 2022.

The familiar NSE indices closed on an upward trend, as the ranking below shows. CBshare improved its ranking by gaining 0.43% as it closed at KES2,308.91 (or US$20.32, at the forex rate of KES 113.60 per US$).

1. FTSE NSE Kenya 25 Index: Up 0.68%
2. NSE 25 Index: Up 0.55%
3. CBshare price: Up 0.43%*
4. NASI (NSE All-Share Index): Up 0.41%
5. NSE 20 Index: Up 0.19%.

Unashig's market capitalization also grew 0.43% to close at KES7,636,974.50 (or US$67,226.89). This peak has not been breached since January 10th this year.

YTD, the price of CBshare has climbed 0.43% as well; while market capitalization has made a 1.61% gain.

Since the baseline date of December 31st, 2020, the price of a CBshare has gained 12.54%, while market capitalization has surged 37.35%.


Tuesday, February 1st, 2022.

Building on the levels seen yesterday, most NSE indices continued to rally today, giving their best performance since the beginning of the year. 

CBshare -- whose price rose 0.97% to KES2,292.12 (or US$ 20.24, at the forex rate of KES113.60 per US$) -- showed considerable resilience as well, considering that there continues to be limited fresh capital flowing into the company.

Here's how CBshare and the NSE indices jostled and ultimately ranked today:

1. FTSE NSE Kenya 25: Up 1.27%
2. NASI (NSE All-Share Index): Up 1.20%
3. NSE 25 Index: Up 1.18%
4. CBshare price (aggregated over 25 counters): Up 0.97%*
5. NSE 20 Index: 0.00%. 

Unashig's market capitalization also gained a further 0.97%, closing at KES7,604,586.00 (or US$66,941.78).

YTD, however, the value of a CBshare has remained essentially static, having risen marginally from KES 2,299.02 to KES2,299.12. It will see better days ahead, as momentum gathers steam. Unashig's market capitalization has risen 1.18% during the same period, regardless of CBshare's less than stellar performance.

Looking back to baseline numbers at the close of December 31st, 2020, we find that CBshare has gained 12.06%, while market capitalization has surged 36.77%.

READ: Investment schemes raise stock holdings 88 percent.


Monday, January 31st, 2022.

The upward trend observed at the bourse last Friday gathered pace today, with the price of a CBshare rising 1.05% and closing at KES2,276.96 (or US$20.04, at the forex rate of KES113.60 per US$). All the usual NSE indices jumped rather noticeably as well, and within a fairly close range, ultimately replicating the ranking that we saw on Friday. Here below is today's ranking:

1. NASI (NSE All-Share Index): UP 1.40%
2. FTSE NSE Kenya 25 Index: Up 1.35%
3. NSE 25 Index: Up 1.12%
4. CBshare price: Up 1.05%*
5. NSE 20 Index: Up 0.75%.    

Unashig's market capitalization closed 1.05% higher, as well, at KES7,531,291.50 (US$66,296.58).

YTD (that is, since the beginning of 2021), the price of a CBshare has shed 0.96%, having closed last year at KES2,299.02. On the other hand, Unashig's market capitalization has gained 0.21% to close at KES7,531,291.50 (US$66,296.58).

Looking farther back to baseline statistics at the close of December 31st, 2020, we see that the price of a CBshare has as of today climbed 10.98%, while market capitalization has gained 35.45%. Rule of 70 certainly categorizes this as a hearty growth rate.   

 SUMMARY: CBshare is now priced at KES2,276.96 (US$20.04) -- plus (for trading purposes) statutory and brokerage charges ranging from approximately 3.55% of the price of one share to 2.26% of the price of 10 shares bought at the same time. That price will remain steady until 5:00 PM (GMT+3) Tuesday, February 1st. A new price will be released early or later Tuesday night.


FOR SUMMARIES FOR EARLIER DATES, PLEASE READ: "UNASHIG's Share Price and Market Capitalization...January 24th to 28th 2022" {A link to even earlier dates will be found there}

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