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.
Stocks fell last week in the Damascus Securities Exchange for the second week in a row.
After several weeks of gains Syrian stocks declined last week amid lower trading volumes.
Trading activity last week at the Damascus Securities Exchange remained high, in Syrian Pound terms, with the market index continuing to rise.
Syria’s main stock index crossed the 1,200 mark last week after gaining in three consecutive sessions.
Syria’s stock exchange returned into positive territory last week with its main index gaining 1.64 percent.
According to statistics published by the Damascus Securities Exchange, some SYP 1.04 billion worth of shares were traded in the first six months of this year.