National Insurance Company Experiences Downturn on Damascus Securities Exchange

Strategic Insights -

The National Insurance Company (NIC) faced a notable decline in its stock performance on the Damascus Securities Exchange (DSE) on June 11, 2025. The company's stock, categorized under the market's security type, witnessed a decrease in its reference price by 1.58%, affecting its overall market standing. The trading session revealed a single trade at a price of 7,786.00 with a volume of 1 share, contrasting with another trade at a price of 8,450.00 for a volume of 223 shares. The bid volume stood at 2,231 shares, while the ask volume was recorded at 723 shares, resulting in a bid-to-ask ratio of 3.09. The traded volume for NIC reached 1,977 shares, generating a traded value of 15.91 million.

Key Takeaways:

  • The National Insurance Company (NIC) experienced a 1.58% decrease in its reference price, affecting its overall market standing on the Damascus Securities Exchange (DSE) on June 11, 2025.
  • The company's stock, categorized under the market's security type, witnessed a decline in its average traded price from an opening price of 8,155.00 to a closing price of 8,045.30.
  • The trading session revealed a single trade at a price of 7,786.00 with a volume of 1 share and another trade at a price of 8,450.00 for a volume of 223 shares.
  • The bid volume stood at 2,231 shares, while the ask volume was recorded at 723 shares, resulting in a bid-to-ask ratio of 3.09.
  • The traded volume for NIC reached 1,977 shares, generating a traded value of 15.91 million.
  • The session included a total of 10 trades executed for the company.
  • The company's performance on the DSE reflects the dynamic nature of the market and highlights the fluctuations that securities can experience within a single trading day.

Statistics:

  • 1.58% decrease in reference price
  • 8,174.27 initial reference price
  • 8,045.30 average traded price
  • 8,000.00 last recorded price
  • 8,155.00 opening price
  • 8,045.30 closing price
  • Highest traded price: 8,155.00
  • Lowest traded price: 8,000.00
  • Bid-to-ask ratio: 3.09
  • Bid volume: 2,231 shares
  • Ask volume: 723 shares
  • Traded volume: 1,977 shares
  • Traded value: 15.91 million

Sources:

  • Damascus Securities Exchange (DSE)