Notable Trading Session for National Insurance Company on the Damascus Securities Exchange
The National Insurance Company (NIC) experienced a significant decline in its share price on the Damascus Securities Exchange (DSE) on July 6, 2025. The reference price for NIC was set at 7,470.05, but the share price closed at 7,097.00, with the same figure recorded as the average, last, open, highest, and lowest price of the day. The traded volume for NIC reached 2,137 shares, with a traded value amounting to 15.17 million.
Key Takeaways:
- The National Insurance Company (NIC) experienced a significant decline in its share price on the Damascus Securities Exchange (DSE) on July 6, 2025.
- The reference price for NIC was set at 7,470.05, but the share price closed at 7,097.00.
- The traded volume for NIC reached 2,137 shares, with a traded value amounting to 15.17 million.
- The session concluded with a total of 24 trades.
- The high bid price remained unavailable, while the low ask price was 7,097.00 with a volume of 1,033 shares.
- The bid volume was 0 while the ask volume was 1,683, indicating a sell trend.
- The support and resistance levels were noted at 7,423.70 and 7,491.70, respectively.
- The market activity reflects a pronounced sell-off in NIC shares, characterized by an overwhelming ask volume compared to the bid volume.
- The trading session highlighted NIC's performance within the security category on the DSE.
Statistics:
- Traded volume: 2,137 shares
- Traded value: 15.17 million
- Number of trades: 24
- Low ask price: 7,097.00
- Bid volume: 0
- Ask volume: 1,683
- Support level: 7,423.70
- Resistance level: 7,491.70
- Reference price: 7,470.05
- Closing price: 7,097.00
- Average price: 7,097.00
- Open price: 7,097.00
- Highest price: 7,097.00
- Lowest price: 7,097.00
Sources:
- Damascus Securities Exchange (DSE), Reference Price for NIC, July 6, 2025
- Damascus Securities Exchange (DSE), Trading Session Report for NIC, July 6, 2025