Syrian Kuwaiti Insurance Shares Surge on Damascus Securities Exchange

In a remarkable display of market resilience, shares of Syrian Kuwaiti Insurance (SKIC) have reached a new high on the Damascus Securities Exchange, closing at 5,742.00 on June 16, 2025, up 4.99% from its previous price. This significant uptrend highlights the company's growing appeal to investors seeking security and growth potential in the regional market. The trading session saw SKIC's shares maintain their reference price throughout the day, despite market fluctuations.

Key Takeaways:

• Syrian Kuwaiti Insurance (SKIC) shares closed at 5,742.00 on June 16, 2025, a 4.99% increase from its previous price of 5,469.00.
• The stock's movement is significant, considering its 12-month range of 3,941.00 to 5,742.00.
• SKIC stock is listed under the Main market category on the Damascus Securities Exchange (DSE), with no recorded Price-to-Earnings (P/E) ratio or dividend (DIV) yield.
• The trading session saw 13 distinct transactions, with a day's trading volume of 1,310 shares and a substantial traded value of 7.52 million.
• The company's market presence continues to be robust, with its shares closely watched by investors seeking security and growth potential in the regional market.
• This recent price movement underscores the growing investor confidence in Syrian Kuwaiti Insurance, as the company's stock has reached its highest point within the last year.

Statistics:

• Share price: 5,742.00 (June 16, 2025)
• Percentage increase: 4.99% (from 5,469.00 to 5,742.00)
• Trading volume: 1,310 shares
• Traded value: 7.52 million
• 12-month share price range: 3,941.00 to 5,742.00
• Number of transactions: 13

Sources:

• Damascus Securities Exchange (16 Jun 2025)
• Damascus Securities Exchange (last 12 months share price data)