National Islamic Bank Shares Experience Significant Growth on Damascus Securities Exchange

Strategic Insights -

National Islamic Bank's shares reached an all-time high on the Damascus Securities Exchange, closing at 6,692.00 on July 7, 2025, marking a 4.99% increase from its previous price. This significant growth reflects a year-long trend of fluctuation, with a low of 2,121.00 and a high of 6,692.00. The bank's designation as Growth-B and lack of P/E and DIV metrics further add to its appeal. Active investor interest is evident, with 30 trades executed and a traded volume of 17,201 shares.

Key Takeaways:

  • National Islamic Bank's shares reached a high of 6,692.00 on the Damascus Securities Exchange, marking a 4.99% increase from its previous price.
  • The bank's shares have fluctuated over the past year, with a low of 2,121.00 and a high of 6,692.00.
  • NIB's designation as Growth-B and lack of P/E and DIV metrics contribute to its appeal among investors.
  • The trading session saw a traded volume of 17,201 shares, with 30 trades executed, highlighting active investor interest in the bank's shares.
  • The bank's shares opened at the reference price of 6,692.00, matching its highest and lowest price for the day, confirming the stability of the closing price at 6,692.00.
  • The best bid stood at 6,692.00 for a volume of 17,201 shares, while the best ask price matched the best bid with the same volume, indicating a balanced demand and supply at the closing price.
  • This performance underscores the dynamic activity surrounding National Islamic Bank on the DSE, as the bank's shares continue to achieve new heights in the market.

Statistics:

  • 26.66% increase from the bank's previous share price.
  • Market capitalization of National Islamic Bank: Not specified.
  • Traded value of 115.11 million on July 7, 2025.
  • Number of trades executed during the session: 30.
  • Total traded volume: 17,201 shares.
  • Highest and lowest share price for the day: 6,692.00.

Sources:

  • Damascus Securities Exchange (DSE)
  • Damascus -- 07 Jul 2025 (Damascus Securities Exchange)

*"National Islamic Bank's shares experience significant move."