National Islamic Bank Experiences Significant Share Price Decline on Damascus Securities Exchange

Strategic Insights -

The National Islamic Bank (NIB) saw a substantial decline in its share price on the Damascus Securities Exchange (DSE) on July 20, 2025. The bank's shares listed under the security type category dropped 5% from the reference price of 7,982.00 to a last price and close price of 7,583.00. This notable decline classifies it as a very large or significant move in stock performance. The DSE reported that the bank's shares were actively traded, with a traded volume of 28,119 shares and a traded value of approximately 213.23 million.

Key Takeaways:

  • The National Islamic Bank's share price declined by 5% from its reference price of 7,982.00 to a last price and close price of 7,583.00 on the Damascus Securities Exchange.
  • The traded volume of the bank's shares was 28,119, with a traded value of approximately 213.23 million.
  • The bank's shares opened, reached their highest, and fell to their lowest at 7,583.00, maintaining this price throughout the trading session.
  • The average trading price for the day was 7,583.00.
  • The market showed a bid volume of zero, while the ask volume stood at 291,509 shares.
  • The low ask price was set at 7,583.00 for a volume of 276,787 shares.
  • The support and resistance levels for NIB were noted at 7,716.00 and 7,849.00, respectively.
  • The bid/ask status observed was "SELL," indicating a potential shift in investor sentiment or market dynamics concerning National Islamic Bank.

Statistics:

  • Traded volume: 28,119 shares
  • Traded value: approximately 213.23 million
  • Last price and close price: 7,583.00
  • Reference price: 7,982.00
  • Decline in share price: 5%
  • Number of trades: 7
  • Bid/ask spread: zero/bid and 291,509/ask

Sources:

  • Damascus Securities Exchange
  • National Islamic Bank (NIB)