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, September 23rd, 2022.
The price of a CBshare fell 0.23% to close at KES1,993.02 (or US$16.52, at the forex rate of KES120.65 per US$). Its ranking consequently fell from first to fourth, as shown below:
1. NSE 20 Index: +0.46%2. NSE 25 Index: +0.05%3. NASI (NSE All-Share Index): -0.07%4. CBshare price (25 counters): -0.23%*.
KES1,993.02 is therefore the price at which a CBshare will now be bought, until 5:00 PM next Monday, September 26th.
Unashig's market capitalization dipped 0.20%, to close at KES6,675,835.50 (or US$55,332.25).
Here's how the metrics ranked on a Week-on-Week basis:
1. NASI (NSE All-Share Index): +1.90%2. NSE 25 Index: +1.21%3. CBshare price (25 counters): +0.25%*.4. NSE 20 Index: -0.10%.
YTD, the price of a CBshare is down 13.31%. Unashig's market capitalization is also lower, at 11.18% YTD, reflecting recent losses and gains.
Thursday, September 22nd, 2022.
CBshare maintained an upward drift with a further 0.18% gain, and closed at KES1,997.59 (or US$16.56, at the forex rate of KES120.65 per US$). With this performance, it maintained its top ranking (with the largest gain for the day), as shown below:
1. CBshare price (25 counters): +0.18%* 2. NASI (NSE All-Share Index): +0.16%3. NSE 25 Index: +0.06% 4. NSE 20 Index: -0.06%.
Unashig's market capitalization gained a further 0.18% as well, to close at KES6,689,141.00 (or US$55,442.53).
YTD, the price of a CBshare is down 13.11%. However, some improvement from the day before was discernible. Unashig's market capitalization is 11.00% lower, YTD, reflecting recent losses and gains -- and, more specifically, a slight gain from the day before.
Wednesday, September 21st, 2022.
CBshare closed with a 0.21% gain, the only gain for the day, at KES1,994.04 (or US$16.56, at the forex rate of KES120.40 per US$). Consequently, its ranking shifted upward from third back to first, as shown below:
1. CBshare price (25 counters): +0.21%* 2. NSE 25 Index: -0.06% 3. NASI (NSE All-Share Index): -0.16%4. NSE 20 Index: -0.56%.
Unashig's market capitalization declined a further 0.11% as well, to close at KES6,663,266.00 (or US$55,250.96).
YTD, the price of a CBshare is down 13.45%. Unashig's market capitalization, on the other hand, is 11.34% lower, YTD, reflecting recent losses and gains.
Tuesday, September 20th, 2022.
The usual metrics displayed split 'fortunes' at today's close, with two gaining and two shedding value. CBshare closed 2.63% down, at KES1,989.86 (or US$16.53, at the forex rate of KES120.60 per US$). Its ranking shifted upward to the third position, as shown below:
1. NASI (NSE All-Share Index): +1.44%2. NSE 25 Index: +0.90% 3. CBshare price (25 counters): -0.11%* 4. NSE 20 Index: -0.29%.
Unashig's market capitalization declined a further 0.11% as well, to close at KES6,663,266.00 (or US$55,250.96).
YTD, the price of a CBshare is down 13.45%. Unashig's market capitalization, on the other hand, is 11.34% lower, YTD, reflecting recent losses and gains.
Monday, September 19th, 2022.
All the usual metrics opened the week on a positive note. CBshare closed this Monday 0.22% higher than last Friday's closing level, at KES1.992.15 (or US$16.53, at a debilitating forex rate of KES120.55 per US$). However, its ranking fell from first to fourth, as shown below:
1. NASI (NSE All-Share Index): +0.53%2. NSE 20 Index: +0.35%3. NSE 25 Index: +0.25% 4. CBshare price (25 counters): +0.22%*.
Experience shows that it takes a considerable amount of thrust for a particular index to maintain the top rank -- and a particular weakness to stay at the bottom of the heap.
Unashig's market capitalization grew a further 0.34%, to close at KES6,670,928.00 (or US$55,337.44).
YTD, the price of a CBshare is down by 13.35%. Unashig's market capitalization, on the other hand, is 11.24% lower, YTD, reflecting recent losses and gains.
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 three active NSE indices.
READ: The Core Business of Unashig Kenya PLC.
FOR SUMMARIES FOR EARLIER DATES, PLEASE READ: "UNASHIG's Share Price and....Capitalization, September 12th to September 16th 2022."
