Nominal price (face value)
The price written on the face of the share certificate. This value is designated by the management of the corporation upon the first issue of the share in order to determine the total capital amount and to make the accounting entries in relation thereto. The nominal price of a share may be minimum one Kurus and may be incremented as multiples of one Kurus.
Issue price
The price at which a share is put to sale by the company upon issue. The issuer may determine an issue price above the nominal value.
Market price
The price at which a share is traded on the capital market. It is determined by supply and demand. A share may be traded at varying market prices which may be above and below the real value subject to changes in market conditions without any change in the company’s effectiveness. The market price of a share listed on the exchange is its exchange price.
Exchange price
The price of a share listed on the stock-exchange that forms during the trading session subject to supply and demand conditions. Also, opening, closing, highest, lowest and average daily prices of shares are calculated and announced.