ITHMR
0.186 AED
+1.10%
Today
+1.66%
1D
Market is closed
Sun
Closed
Mon
9:01 AM ~ 1:45 PM
Tue
9:01 AM ~ 1:45 PM
Wed
9:01 AM ~ 1:45 PM
Thu
9:01 AM ~ 1:45 PM
Fri
Closed
Sat
Closed
Information
Name
Ithmaar Holding
Currency
AED
Standard Leverage
1X
Market Cap
523.83M
Avg Daily Volume
3.69M
52 Week High
0.379 AED
52 Week Low
0.177 AED
Trading Hours
See hours
Business Summary
Ithmaar Holding B.S.C., together with its subsidiaries, provides financial services in the Middle East, Asia, and internationally. It operates through two segments: Retail & Corporate Banking; and Asset Management/Investment Banking. The company offers retail, commercial, investment banking, and private banking; wealth, asset, and fund management; and real estate development services. It serves retail and corporate clients. The company was formerly known as Ithmaar Bank B.S.C. and changed its name to Ithmaar Holding B.S.C. in January 2017. Ithmaar Holding B.S.C. was incorporated in 1984 and is based in Manama, Bahrain.
Frequently Asked Questions
What are financial stocks?
Financial stocks include companies like banks, insurance firms, investment services, and fintechs. They play a critical role in the economy by facilitating credit, investment, and wealth management.
How do interest rates affect financial stocks?
Financials often benefit from rising interest rates, which can increase net interest margins for banks and improve profitability.
Why are financials important in a trading portfolio?
Financial stocks can offer strong dividends, sector stability, and exposure to macroeconomic trends like interest rate policy and GDP growth.
What risks are associated with financial sector investing?
Regulatory changes, credit risk, economic downturns, and interest rate volatility can all impact financial companies' earnings and stock prices.
