Below is table showing the performance of our Pesa Portfolio in the last two trading sessions. As of the close of the Nairobi Securuties Exchange on Friday, the NSE 20 share index had lost 1.17% in value, down 43.17 points in the days trading to close at 3,634.85 points from the previous day’s 3,678.02 points.
|
Share Price (KES) |
Portfolio value (KES) |
|||||
| Share | Market Segment |
Units |
Latest | Previous | Current value | Previous value |
| Mumias Sugar Company | Manufacturing and allied | 2,700 |
5.70 |
5.70 |
15,390.00 | 15,390.00 |
| Housing Finance Company Limited | Banking | 1,100 |
15.80 |
15.85 |
17,380.00 | 17,435.00 |
| Kengen Limited | Energy and petroleum | 700 |
8.30 |
8.35 |
5,810.00 | 5,845.00 |
| Crown Berger Limited | Construction and allied | 1,000 |
29.50 |
27.25 |
29,500.00 | 27,250.00 |
| Uchumi Supermarkets Limited | Commercial and Services | 1,500 |
17.20 |
19.10 |
25,800.00 | 28,650.00 |
| Net value of portfolio | 93,880.00 | 94,570.00 | ||||
| Net gain/loss | – 690.00 | |||||
| Cash at hand | 1,564.50 | |||||
|
Cash receivable upon immediate sale (less transaction costs) |
92,628.10 | 93,297.40 | ||||
From the above, it is clear our portfolio lost money in Friday’s trading. Encouragingly however, the portfolio managed to perform better than the NSE 20 share index (which is what we use as a benchmark for comparison). We lost KES 690 in the day’s trading, approximately 0.73% of the portfolio’s value while the NSE 20 share index lost 1.17%
Looking at the individual shares, Mumias remained stable closing at KES 5.70 while Housing Finance lost 5 cents to close at KES 15.80. Kengen also closed with a drop, losing 5 cents of its value. Crown Berger performed well in the day, the 8.26% gain of KES 2.25 helped water down our losses from Uchumi’s drastic 9.95% drop of KES 1.90 in the day.
We have decided to maintain a wait-and-see stance today, hoping Uchumi’s fortunes will be better today.