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Ras Alkhaima National Insurance Co. Maintains Unchanged Position on Abu Dhabi Securities Exchange

Strategic Insights

— 1 min read

On May 13, 2025, Ras Alkhaima National Insurance Co. (RAKNIC) preserved its stability on the Abu Dhabi Securities Exchange (ADX), with its stock closing unchanged at 3.3. The trading volume for the day totaled 58,129 shares, with two trades executed. The company's bid and ask volumes showed significant differences, with 104 shares traded at a bid price of 2.97 and 102,413 shares traded at an ask price of 3.3. The stock opened at 2.97 and reached a high of 3.3 without any fluctuation in its closing price.

Key Takeaways:

  • The trading volume for RAKNIC on May 13, 2025, was 58,129 shares.
  • The company's stock closed unchanged at 3.3 on the Abu Dhabi Securities Exchange (ADX).
  • The bid volume for RAKNIC was 104 shares at a bid price of 2.97.
  • The ask volume for RAKNIC was 102,413 shares with an ask price of 3.3.
  • The total value of RAKNIC's trades amounted to 172,674.
  • The company is categorized under the designated market category for insurance services.
  • The trading activity reflects a moderate level of interest in the company's shares.
  • The low for the day was identical to the opening price at 2.97.
  • The turnover (Tov) was reported as zero, indicating no significant movement in the number of shares traded beyond the existing supply and demand dynamics.

Statistics:

  • Trading volume for RAKNIC: 58,129 shares.
  • Total value of RAKNIC's trades: 172,674.
  • Bid volume for RAKNIC: 104 shares.
  • Ask volume for RAKNIC: 102,413 shares.
  • Ask price for RAKNIC: 3.3.
  • Trading value for RAKNIC: $172,674 (assuming a face value of 1 AED).
  • Volume traded on May 13, 2025: 58,129 shares.

Sources:

  • Abu Dhabi Securities Exchange (ADX)
  • Abu Dhabi Securities Exchange (ADX) (May 13, 2025)

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