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 [Abridged]
Friday, June 3rd, 2022.
All metrics closed marginally higher today, with CBshare price recording a 0.30% gain, and closing at KES1,925.55 (or US$16.49, at the forex rate of KES116.80 per US$). However, CBshare remained in the fifth position, as we see below. The NSE 20 index topped the list, for the second day in a row:
1. NSE 20 Index: +0.84%
2. FTSE NSE Kenya 25 Index: +0.61%
3. NASI (NSE All-Share Index):+0.58%
4. NSE 25 Index: +0.48%
2. CBshare price (25 counters):+0.30%*
Unashig's market capitalization also edged 0.30% higher, to close at KES6,407,491.50 (or US$54,858.66).
On a Week-on-Week basis, the five metrics ranked against each other as we see below, with NSE 20 outperforming the rest:
1. NSE 20 Index: +0.72%
2. FTSE NSE Kenya 25 Index: +0.27%
3. NSE 25 Index: -0.02%
4. NASI (NSE All-Share Index): -0.33%
5. CBshare price (25 counters): -0.39%.*
Thursday, June 2nd, 2022.
CBshare price closed with a 0.18% gain, at KES1,919.85 (or US$16.43, at the forex rate of KES116.85 per US$). Its performance ranking consequently rose from the third position to the second, on a day when only two NSE metrics closed in positive territory, as we see below:
1. NSE 20 Index: +0.24%
2. CBshare price (25 counters): +0.18%*
3. NASI (NSE All-Share Index): -0.07%
4. NSE 25 Index: -0.15%
5. FTSE NSE Kenya 25 Index: -0.19%.
Unashig's market capitalization also edged 0.18% higher, to close at KES6,388,515.00 (or US$54,672.79).
IMPORTANT READ: "Foreign Investor Outflows at NSE Hit Sh4.2bn in May [2022]"
Wednesday, June 1st, 2022
There was no trading today, as
June 1st, 2022 was a public holiday.
Tuesday, May 31st, 20220.
The price of a CBshare pared another 0.64%, to close lower at KES1916.32 (or US$16.40, at the forex rate of KES116.85 per US$). Nevertheless, its performance ranking rose from the fifth position to the third, on a day when all key NSE metrics headed south. Here below is today's ranking:
1. FTSE NSE Kenya 25 Index: -0.36%
2. NSE 20 Index: -0.40%
3. CBshare price (25 counters): -0.64%*
4. NSE 25 Index: -0.71%
5. NASI (NSE All-Share Index): -0.72%.
Unashig's market capitalization also contracted 0.64%, to close at KES6,376,730.00 (or US$54,571.99).
Monday, May 30th, 2022.
CBshare price shed 0.22%, to close at KES1,928.72 (or US$16.53, at the forex rate of KES116.68 per US$). It dropped in performance ranking to the fifth position, as the list below shows:
1. NSE 25 Index: +0.36%
2. FTSE NSE Kenya 25 Index: +0.21%
3. NSE 20 Index: +0.05%
4. NASI (NSE All-Share Index): -0.12%
5. CBshare price (25 counters): -0.22%*.
Unashig's market capitalization also declined 0.22%, to close at KES6,418,027.50 (or US$55,005.38).
ALL ARE ADVISED THAT: Share trading is not Unashig's core business, but an important aspect of enterprise. Unashig is a limited liability company registered under Kenya's Companies Act. It is wholly owned by its registered shareholders, currently numbering 247.
The average number of CBshares held per shareholder remains very low, however. This is not conducive to rapid capital/asset growth, or the generation of substantial and distributable dividend income from stock holdings. For over 12 months, the value of our CBshare has proven that Unashig's investment decisions continue to be competitive with, and quite frequently superior to, investment decisions pegged on the trajectory of any or often all of the four leading NSE indices.
READ: The Core Business of Unashig Kenya PLC.
FOR SUMMARIES FOR EARLIER DATES, PLEASE READ: "UNASHIG's Share Price and Market Capitalization...May 23rd to 27th, 2022"