Bangladesh, April 18 -- The share price of Esquire Knit Composite, which went public with premium, continues to decline and hovered below offer price within five days of debut trading.
On Wednesday, the company's share price closed at Tk 42 each, 6.66 per cent lower than the cut-off price of Tk 45 approved by the regulator against the face value of per share (Tk ten).
On the second day of debut trading executed on April 9 last, the company's share price went down below the cut-off price.
On April 10, the second day of debut trading, the share company's trading closed at Tk 43.30 each with a loss of 3.77 per cent or Tk 1.70.
Later, the company's share price declined for three sessions, out of five sessions, and closed at Tk 42 each on We...