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Financial markets

Dramatic Shift in Trading Price of Chimera S and P UAE Shariah ETF

Strategic Insights

— 1 min read

The Chimera S and P UAE Shariah ETF-Share class B-Income witnessed a significant decline in its trading price on July 23, 2025, as reported by the Dubai Financial Market. The ETF opened at 8.29, slightly below its previous closing of 8.35, and remained unchanged throughout the day, with a high price of 8.29. The trading price eventually settled at 7.9 by the end of the session, resulting in a substantial decrease from its previous closing. This drop marked a significant move in percentage terms, with a price change of 0.45.

Key Takeaways:

  • The Chimera S and P UAE Shariah ETF-Share class B-Income saw a dramatic shift in its trading price on July 23, 2025, with a settlement price of 7.9.
  • The trading price remained unchanged throughout the day, with a high price of 8.29 and a low price of 7.9.
  • The price change of 0.45 marked a significant move in percentage terms, indicating a substantial decrease from the previous closing.
  • The designated market category for this ETF is 'Income'.
  • The bid volume was recorded at 740 with a bid price of 7.9, and the offer volume stood at 2,791 with an offer price of 8.29.
  • A total of 2 trades were executed during the day, with a daily volume of 319 shares and a daily value of 2,543.11 recorded.
  • The ETF's 52-week high was 8.38, and its 52-week low was 5.9.
  • Open interest for the ETF was reported at zero.

Statistics:

  • Price change: 0.45 (a very large or significant move in percentage terms)
  • Settlement price: 7.9
  • High price: 8.29
  • Low price: 7.9
  • Daily volume: 319 shares
  • Daily value: 2,543.11
  • 52-week high: 8.38
  • 52-week low: 5.9
  • Number of trades: 2
  • Open interest: 0

Sources:

  • Dubai Financial Market, "Chimera S and P UAE Shariah ETF-Share class B-Income Daily Price," July 23, 2025.
  • Dubai Financial Market, "Market Activity Report," July 23, 2025.

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