Dubai Islamic Bank Shares Experience Uptick Amid Active Trading in Dubai Financial Market
Dubai Islamic Bank's shares in the Dubai Financial Market saw an increase on May 13, 2025, amidst active trading. The stock opened at 7.60 AED, slightly above the previous closing price of 7.59 AED. The shares reached a high of 7.84 AED and a low of 7.60 AED during the session. The bank saw substantial trading activity, with a total of 1,730 trades and a daily volume of 11.06 million shares, amounting to a daily value of 85.67 million AED.
Key Takeaways:
- Dubai Islamic Bank's shares experienced a 3.03% increase from the previous day's closing, reaching a high of 7.84 AED and a low of 7.60 AED.
- The bank's stock was involved in 1,730 total trades, with a daily volume of 11.06 million shares and a daily value of 85.67 million AED.
- The current price at the close of the market was 7.82 AED, reflecting a marginal increase from the previous closing price of 7.59 AED.
- Dubai Islamic Bank's shares have seen a 52-week high of 7.93 AED and a low of 5.50 AED.
- The bank's open interest for the day was reported at zero, indicating the absence of outstanding derivative contracts.
- Dubai Islamic Bank continues to demonstrate a strong presence in the market, as reflected by the day's trading figures.
Statistics:
- The increase in Dubai Islamic Bank's shares was 0.23 AED or 3.03% from the previous day's closing price.
- The total trades for Dubai Islamic Bank reached 1,730, with a daily volume of 11.06 million shares and a daily value of 85.67 million AED.
- The stock's high and low for the day were 7.84 AED and 7.60 AED, respectively.
- The current price at the close of the market was 7.82 AED.
- The 52-week high and low for Dubai Islamic Bank's shares were 7.93 AED and 5.50 AED, respectively.
- The open interest for the day was zero.
Sources:
- Dubai Financial Market press release, May 13, 2025.
- Dubai Islamic Bank annual report, 2024.