Qatar National Bank-Syria Experiences Significant Uptick on Damascus Securities Exchange

Strategic Insights -

Qatar National Bank-Syria (QNBS) shares witnessed a remarkable 4.99% increase on the Damascus Securities Exchange (DSE) on June 16, 2025, reaching its highest and closing price at 4,863.00. The security's trading session was marked by a substantial traded volume of 488,381 shares, with a robust demand and strong buying interest evident in the bid-to-ask status, which reflected a "BUY" sentiment among investors. The designated market category for QNBS reflects a steady upward momentum, with a support level at 4,632.00 and resistance also identified at the same level, underscoring the stability in its trading range. The performance of QNBS on the DSE signifies investor confidence and a promising outlook for the security in the market.

Key Takeaways:

  • QNBS shares experienced a 4.99% increase, reaching a highest and closing price of 4,863.00 on June 16, 2025.
  • The security's trading session was marked by a substantial traded volume of 488,381 shares, with a robust demand and strong buying interest.
  • The designated market category for QNBS reflects a steady upward momentum, with a support level at 4,632.00 and resistance also identified at the same level.
  • The bid-to-ask status reflected a "BUY" sentiment among investors, indicating a bullish market sentiment.
  • The traded volume culminated in a total traded value of 9.77 million, with the number of trades reaching 2.
  • The QNBS performance on the DSE signifies investor confidence and a promising outlook for the security in the market.

Statistics:

  • 4.99% increase in QNBS shares on June 16, 2025
  • Initial reference price of 4,632.00 on June 16, 2025
  • Average and last price of 4,863.00 on June 16, 2025
  • Traded volume of 488,381 shares on June 16, 2025
  • Total traded value of 9.77 million on June 16, 2025
  • Number of trades at 2 on June 16, 2025
  • Support level at 4,632.00, with resistance also identified at the same level

Sources:

  • Damascus Securities Exchange (DSE)
  • Damascus Securities Exchange (DSE)