Nine cos' share price below face value

FE Team | Published: March 03, 2018 21:26:31

FE Report
The share prices of nine listed companies presently are being traded below their face value of Tk 10.
Of the companies, two are in 'A' category, while two are in 'B' category and five in 'Z' category.
The 'A' category companies are Fareast Finance & Investment and Generation Next Fashions.
The share price of Bangladesh Industrial Finance Company Ltd closed at Tk 9.70 on Thursday. The company's share price rose to Tk 10.60 on February 14 last. Later, the company's share price gradually declined and came down to Tk 9.7 on Thursday.
The last trading price of Fareast Finance & Investment was Tk 9.90 on Thursday. The company's share price rose to Tk 10.80 on February 14 last. Later, the price dipped 8.33 per cent as of Thursday.
The shares of C & A Textiles are being traded below face value of Tk 10. On Thursday last, the company's share price closed at Tk 8.20 per share. On November 5, the company's share price came down below Tk 10. Later, the company's shares were traded below its face value till Thursday.
The share price of Dacca Dyeing & Manufacturing Company closed at Tk 9.70 on Thursday. The company's share price dipped below face value on February 25 last. Later, the shares were traded between Tk 9.90 and Tk 9.70 each.
The shares of Delta Spinners are being traded below face value of Tk 10 since November 29, 2017. On Thursday, the company's share trading closed at Tk 9.10.
The share trading of Familytex (BD) closed at Tk 7.20 on Thursday. On the day, the company's share price remained unchanged compared to previous session. The company's shares are being traded below face value since January 29, 2017.
The shares of another company Generation Next Fashions presently are being traded below face value. On Thursday, the company's share trading closed at Tk 9.30. The share price came down below Tk 10 on January 7, 2018 and yet to go above face value. On Thursday, the company's share trading closed at Tk 9.30.
The shares of Tung Hai Knitting & Dyeing are also being traded below face value. On Thursday, the company's share price closed at Tk 9.70.
The share price of United Airways (BD) is far below the face value of Tk 10. On Thursday, the company's share trading closed at Tk 5.0. The company's shares are being traded below face value for around two years.
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