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, November 18th, 2022.
Index-pegged trends/fortunes flipped again, across the board, as the ranking below suggests. CBshare, in particular, gained 0.88%, to close at KES1,919.82 (or US$15.72, at a forex rate of KES122.10 per US$). Its performance ranking jumped back from fourth to the first spot, while NASI dropped from first to fourth:
1. CBshare price (25 counters): +088%*
2. NSE 25 Index: +0.39%
3. NSE 20 Index: +0.34%
4. NASI (NSE All-Share Index): +0.19%.
KES1,919.82 is the new price (before we add the standard stock-market trading charges that apply) at which a CBshare will now be traded -- until 5:00 PM, Monday, November 21st.
Unashig's market capitalization also jumped 0.88%, to close at KES6,463,294.00 (or US$52,934.43).
YTD, the price of a CBshare has fallen by 16.49%, while Unashig's market capitalization has shrunk by 14.00%. In contrast, NSE's market capitalization has declined by 22.28%, YTD, to close at KES2.1 trillion.
Thursday, November 17th, 2022.
The tide turned at today's close, with the spate of gains of the last two trading days turning into losses across the board today. As we see below, CBshare fell the most, at -0.97%, to close at KES1,903.13 (or US$15.60, at a forex rate of KES122.00 per US$). Its performance-ranking also fell to fourth:
1. NASI (NSE All-Share Index): -0.19%
2. NSE 25 Index: -0.20%
3. NSE 20 Index: -0.37%
4. CBshare price (25 counters): -0.97%*.
Unashig's market capitalization also fell 0.97%, to close at KES6,407,095.00 (or US$52,517.17).
YTD, the price of a CBshare has fallen by 17.22%, while Unashig's market capitalization has shrunk by 14.75%. In contrast, NSE's market capitalization has declined by 25.98%, YTD, to close at KES2.0 trillion.
Wednesday, November 16th, 2022.
The gains recorded across the board at yesterday's close were generally replicated today -- to varying degrees. Incidentally, foreigners assumed their net buying positions today.
As we see below, CBshare jumped a further 0.66%, to close at KES1,921.77 (or US$15.75, at a barely palpable forex rate gain of KES121.99 per US$), but saw its performance-ranking drop from the first position to the third. It's a no-holds-barred churn of numbers in this marketplace:
1. NSE 25 Index: +1.04%
2. NASI (NSE All-Share Index): +0.88%
3. CBshare price (25 counters): +0.66%*
4. NSE 20 Index: +0.41%.
KES1,921.77 is the new price (before we add the standard stock-market trading charges that apply) at which a CBshare will now be traded -- until 5:00 PM, Thursday, November 17th.
Unashig's market capitalization also grew by 0.66%, to close at KES6,469,841.00 (or US$53,035.83).
YTD, the price of a CBshare has fallen by 16.41%, while Unashig's market capitalization has shrunk by 13.92%. In contrast, NSE's market capitalization has declined by 25.61%, YTD, to close at KES2.1 trillion.
Tuesday, November 15th, 2022.
All indices closed with a gain today. As we see below, CBshare
jumped (+0.25%), to close in the top position, at KES1,909.12 (or US$15.64, at an even worse forex rate of KES122.08 per US$):
1. CBshare price (25 counters): +0.25%*
2. NSE 20 Index: +0.17%
3. NSE 25 Index: +0.06%
4. NASI (NSE All-Share Index): +0.02%.
Unashig's market capitalization also grew by 0.25%, to close at KES6,427,276.00 (or US$52,648.07).
YTD, the price of a CBshare has fallen by 16.96%, while Unashig's market capitalization has shrunk by 14.48%.
Monday, November 14th, 2022.
Only one metric (NSE 25 Index) closed with a gain (+0.07%) today, as we see below. CBshare fell (-0.31%), to close at KES1,904.31 (or US$15.62, at a plunging forex rate of KES121.95 per US$):
1. NSE 25 Index: +0.07%
2. NASI (NSE All-Share Index): -0.19%
3. CBshare price (25 counters): -0.31%*
4. NSE 20 Index: -0.63% (Corrected).
Unashig's market capitalization also dipped by -0.31%, to close at KES6,411,081.50 (or US$52,571.39).
YTD, the price of a CBshare has fallen by 17.17%, while Unashig's market capitalization has shrunk by 14.70%.
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 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, November 7th to November 11th, 2022. "
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