Below is the value of the PesaPortfolio at the close of trading on Wednesday 18th July 2012:
At the close of trading yesterday, our PesaPortfolio had gained KES 1,332.50 to stand at KES 95,767.50 up from KES 94,435.00 at the close of trading on Monday this week.
Total cash receivable if we were to sell the entire portfolio would be Ksh 93,536.86 after deducting transaction costs.
In comparison, cash receivable on Monday was KES 92,241.70 representing a cash gain of KES 1,295.16
Gains in our portfolio were attributable to the following counters:
- Housing Finance – After closing Tuesday’s trading with no price change, the shares climbed 1.31 percent yesterday closing 20 cents higher to KES 15.45 from KES 15.25 on Monday thereby adding KES 275 to our portfolio.
- Crown Berger – The share gained 2.2 percent on Tuesday to close at KES 34.75 where it remained during yesterday’s trading. The 75 cent rise added KES 750 to our portfolio.
- Uchumi Supermarkets – The share gained on Tuesday and yesterday moving up a total 1.3 percent from KES 15.50 on Monday to KES 15.70 at yesterday’s close of trading. This represented a gain of 20 cents on each share that added KES 200 to our portfolio.
- Rea Vipingo Plantations – The share gained 50 cents on Tuesday to settle at KES 17.00 from KES 16.50 at Monday’s trading adding a total of KES 400 to our portfolio.
The following counters made losses that were offset by the gaining counters:
- Mumias Sugar Company – The share lost 15 cents between Tuesday and yesterday’s trading which removed a total of KES 202.50 from our portfolio.
- Kengen – The share lost 5 cents on Wednesday’s trading to close at KES 8.40 where it remained during trading yesterday. This fall in the share lost our portfolio KES 35.00 in total.
The counters are showing improved performance with four out of our six counters gaining in the past two days. In addition, none of the counters have shown adverse losses as yet. We will continue to update the portfolio in anticipation of continued gains.