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, December 8th, 2023.
All but one metric recorded gains at today's close. NSE 20 Index (+0.33%) topped the list, as shown below. CBshare (+0.10%) climbed from fifth to third place, closing a little higher at KES1,678.52 (or US$10.95, at a recently 'steady' forex rate of KES153.35 per US$). Here below is Friday's rank table:
1. NSE 20 Index: +0.33%
2. NSE 25 Index: +0.11%
3. CBshare price (25 counters): +0.10%
4. NASI: +0.01%
5. NSE 10 Index: -0.18%.
[NOTE: NASI is the abbreviation for Nairobi All Share Index. As of August 3rd, 2023, and going back many months, a total of 56 active counters could be tracked as NASI constituents on NSE's electronic Trading Floor-cum-Platform. In updating the count for its own internal purposes, Unashig excluded the following seven counters due to their lack of detectable, or regular, activity on the Floor: Homeboyz, Uchumi, KPLC (two Preference Share categories), Kurwitu, Kenya Airways, and Mumias Sugar Company. Some of them remain officially suspended by the regulator].
*** KES1,678.52 (US$10.95) is CBshare's new trading price. It will prevail until 5:00 PM Monday, December 11th. As is the practice at the Nairobi Securities Exchange (NSE) and in keeping with Unashig's pegging principle, a buyer will need to add to the stated price the standard stock trading charges that apply at the NSE -- that is, 3.55% of the price of each CBshare bought (up to nine CBshares in a day's transaction).
YTD (Year-To-Date): The price of a CBshare is down 11.51%, while Unashig's portfolio valuation stands at -8.97%. Overall, the prevailing market capitalization of Nairobi Securities Exchange is 25.76% down, YTD.
Starting from farther back -- at end-of-year 2021 when it closed at KES7,515,735.50 -- Unashig's portfolio valuation has shed 23.29% of its value. NSE's market capitalization level is , as of today, unchanged, at a 42.80% loss.
As a percentage of NSE's larger market valuation, Unashig's market capitalization is unchanged today, at 0.0004%.
Thursday, December 7th, 2023.
All indices recorded gains today. NSE 25 Index (+0.38%) topped the list, as shown below. CBshare (+0.02%) dropped to fifth place, closing at KES1,676.88 (or US$10.94, at a forex rate of KES153.35 per US$):
1. NSE 25 Index: +0.38%
2. NSE 10 Index: +0.33%
3. NSE 20 Index: +0.18%
4. NASI: +0.11%
5. CBshare price (25 counters): +0.02%.
YTD (Year-To-Date): The price of a CBshare is down 11.60%, while Unashig's portfolio valuation stands at -9.06%. Overall, the market capitalization of Nairobi Securities Exchange has shrunk to -25.76, YTD.
Starting from farther back -- at end-of-year 2021 when it closed at KES7,515,735.50 -- Unashig's portfolio valuation has shed 22.36% of its value. NSE's market capitalization level is 42.80% down.
As a percentage of NSE's immensely larger market valuation, Unashig's market capitalization is unchanged today, at 0.0004%.
Wednesday, December 6th, 2023.
All metrics yielded negative results at today's close. Regardless, NSE 20 led the pack, closing 0.36% down. CBshare (-0.64%) closed in third place, with its price per share at KES1,676.58 (or US$10.94, at the forex rate of KES153.35 per US$). Here below is the day's performance ladder:
1. NSE 20 Index: -0.36%
2. NSE 10 Index: -0.59%
3. CBshare price (25 counters): -0.64%
4. NSE 25 Index: -0.82%
5. NASI: -0.92%.
YTD (Year-To-Date): The price of a CBshare is down 11.61%, while Unashig's portfolio valuation has declined by 9.08%. Overall, the market capitalization of the Nairobi Securities Exchange is 25.76% down, YTD.
Starting from farther back -- at end-of-year 2021 when it closed at KES7,515,735.50 -- Unashig's portfolio valuation remains unchanged today at -22.38% of its value. NSE's market capitalization level now stands at a 42.80% loss over the period.
As a percentage of NSE's immensely larger market valuation, Unashig's market capitalization remains 'constant' today at 0.0004%.
Tuesday, December 5th, 2023.
The upward trend witnessed on Monday continued across the board, albeit unevenly, at today's close. CBshare (+1.15) climbed from second to first, in a performance tie with NASI (also +1.15%), as we see below. The price of a CBshare closed a little higher, to KES1,687.39 (or US$11.01, at a forex rate of KES153.30 per US$). Here below is today's ranking:
1. NASI: +1.15%
1. CBshare price (25 counters): +1.15%
3. NSE 20 Index: +0.82%
4. NSE 25 Index: +0.57%
5. NSE 10 Index: +0.54%.
YTD (Year-To-Date): The price of a CBshare is down 11.04%, while Unashig's portfolio valuation has dropped by 8.49%. Overall, market capitalization at the Nairobi Securities Exchange is 24.75% down.
Starting from farther back -- at end-of-year 2021 when it closed at KES7,515,735.50 -- Unashig's portfolio valuation has to date shed 21.88% of its value. NSE's market capitalization has declined even more (-42.02%).
As a percentage of NSE's immensely larger market valuation, Unashig's market capitalization remains 'constant' today at 0.0004%.
Monday, December 4th, 2023.
This new trading week saw each of our four indices close on a positive note. NASI (+1.46%) closed in first position, with CBshare (+1.37%) hot on its heels. The price of a CBshare closed higher, at KES1,668.25 (or US$10.89, at a forex rate of KES153.25 per US$). Here's how each metric fared:
1. NASI: +1.46%
2. CBshare price (25 counters): +1.37%
3. NSE 25 Index: +0.81%
4. NSE 10 Index: +0.46%
5. NSE 20 Index: +0.28%.
YTD (Year-To-Date): The price of a CBshare is down 12.05%, while Unashig's portfolio valuation has dropped by 9.53%. Market capitalization at the Nairobi Securities Exchange is down as well, at (-25.76%) YTD.
Starting from farther back -- at end-of-year 2021 when it closed at KES7,515,735.50 -- Unashig's portfolio valuation has so far shed 22.76% of its value. NSE's market capitalization level is down 42.80%.
As a percentage of NSE's market capitalization, Unashig's portfolio valuation remains unchanged today at 0.0004%.
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