UNASHIG's Share Price and Market Capitalization of Holdings Quoted on the Nairobi Securities Exchange _ July 18th to 22nd 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 [Abridged]    

Friday, July 22nd, 2022.

All active indices closed with a gain this Friday as well.  CBshare closed (+0.29%), at KES1,997.84 (or US$16.82, at the unchanged forex rate of KES118.75 per US$). Its ranking rose to the third position:    

1. NASI (NSE All-Share Index): +1.11%. 

2. NSE 25 Index: +1.01%

3. CBshare price (25 counters): +0.29%*   

4. NSE 20 Index: +0.09%.

Unashig's market capitalization also gained 0.29%, to close at KES6,672,013.50 (or US$56,185.38).

Looking at performance on a weekly (W-o-W) basis, we note that all indices lost ground, as we see below: 

1. NSE 20 Index: -0.36%.

2. NSE 25 Index: -1.95%

3. CBshare price (25 counters): -2.82%* 

4. NASI (NSE All-Share Index): -4.05%.

 YTD (i.e., since December 31st, 2021) the price of a CBshare is still 13.10% down, while market capitalization is down 11.23%.

Thursday, July 21st, 2022. 

All active indices closed with a gain this Thursday. CBshare closed marginally (+0.03%) higher, at KES1,991.97 (or US$16.80, at the unchanged forex rate of KES118.55 per US$). Its ranking dropped to the fourth position, as we see below:    

1. NASI (NSE All-Share Index): +0.93%. 

2. NSE 25 Index: +0.72%

3. NSE 20 Index: +0.21%

4. CBshare price (25 counters): +0.03%*.   

Unashig's market capitalization also gained 0.03%, to close at KES6,652,393.00 (or US$56,114.66).

YTD (i.e., since December 31st, 2021) the price of a CBshare is 13.36% down, while market capitalization is down 11.49%.

Wednesday, July 20th, 2022.

Three active indices closed in negative territory this Wednesday, while the performance of one (NSE 20) remained unchanged.  CBshare closed 0.07% down, at KES1,991.44 (or US$16.80, at the unchanged forex rate of KES118.55 per US$). CBshare's ranking stayed put at position 2, as we see below:     

1. NSE 20 Index: 0.00%

2. CBshare price (25 counters): -0.07%*

3. NSE 25 Index: -0.46%   

4. NASI (NSE All-Share Index): -1.14%.

Unashig's market capitalization also fell 1.63%, to close at KES6,650,631.51 (or US$56,099.80).

YTD (i.e., since December 31st, 2021) the price of a CBshare is 13.38% down, while market capitalization is down 11.51%.

Tuesday, July 19th, 2022.

All four active indices closed in negative territory this Tuesday a well. CBshare closed 1.56% down, at KES1,992.87 (or US$16.81, at an even weaker forex rate of KES118.57 per US$). Nevertheless, CBshare maintained its ranking at position 2, in a tie with NSE 25 Index, as we see below:     

1. NSE 20 Index: -0.21%

2. CBshare price (25 counters): -1.56%*

2. NSE 25 Index: -1.56%   

3. NASI (NSE All-Share Index): -2.27%.

Unashig's market capitalization also fell 1.56%, to close the day at KES6,655,419.00 (or US$56,130.72).

YTD (i.e., since December 31st, 2021) the price of a CBshare is 13.32% down. Similarly, market capitalization is down 11.45%.

Monday, July 18th, 2022.

All four active indices closed in negative territory this Monday.  CBshare closed 1.52% down, at KES2,024.53 (or US$17.10, at the forex rate of KES118.40 per US$). This performance was enough, however, for CBshare to retain the second position that it held last Friday, as we see below:     

1. NSE 20 Index: -0.45%

2. CBshare price (25 counters): -1.52%*

3. NSE 25 Index: -1.64%   

4. NASI (NSE All-Share Index): -2.68%.

Unashig's market capitalization also fell 1.52%, to close the day at KES6,761,151.00 (or US$57,104.32).

YTD (i.e., since December 31st, 2021) the price of a CBshare is 11.94% down. Similarly, market capitalization is down 10.04%.

SHAREHOLDERS ARE REMINDED THAT: While share trading is not Unashig's core business, it is an important aspect of an enterprise such as ours. Unashig is a limited liability company registered under Kenya's Companies Act. It is wholly owned by its registered shareholders, currently numbering 249. Investing the amounts generated through the periodic sale of issued CBshares in dividend/income-generating ventures is a prudent and indeed surer way of growing the company. Surer, certainly, than spending it on routine office activities.

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. 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, those 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...June 27th to July 1st 2022"