The volume of trading in the Damascus bourse rose to 85 million pounds last week, half of which on a single stock.
Bank of Syria and Overseas has announced the election of Ihsan Baalbaki as vice-chairman of the board.
Last week was another uneventful one for the Syrian stock exchange, which saw very limited trading take place.
For the second week in a row the DWX made gains although the level of trading gives very little significance to these changes.
Syria’s stock market index gained 0.33 percent last week as trading remained focused on banking stocks.
Al-Aqeelah Takaful has reported that one of its directors resigned from its board.
The decline in Syria’s advertising market is continuing to take its toll on Syria’s largest media group which has seen its revenues drop by more than 90 percent in two years.
Syrian stocks declined last week with trading volumes slightly rising.
Bank of Jordan Syria has announced the resignation of one of its board members.
There was little new in the last two weeks in the Damascus Securities Exchange.
The DWX declined last week for the third consecutive week as investors largely shied away from the securities exchange.
Bank Audi Syria has posted a significant improvement in its financial performance in the first half of this year on the back of the decline in the value of the Syrian pound.
Al-Ahliah Transport managed to reduce its losses in the first half of this year thanks to lower operating expenses.