News

Daman Cham Announces Resignation of GM

Daman Cham, an investment bank and brokerage house, has announced the resignation of its general manager.

DWX Witnesses First Decline in a Month

The value of trading at the Damascus Securities Exchange crossed the SYP 100 million mark last week for the first time in months.

Trading Remains Strong in Syria’s Stock Exchange

Syria’s stock market continued last week its winning streak as interest from investors remained strong.

Stock Index Rises Above 1,000 Mark

Syrian stocks rose again last week as investors sought to offset the rapid decline in the value of the Syrian Pound relative to the dollar.

DWX Resumes Gains

The Syrian stock exchange resumed last week its recent winning run with its main index rising 2.41 percent.

Prices and Trading Volumes Decline

Syria’s stock exchange index fell below the 900 mark last week with trading volumes declining.

DWX Crosses 900 Mark

The rally in Syrian stocks continued last week with the securities market index crossing the 900 mark for the first time since November 2011.

Trading Volumes Surge over Undervaluation of Stocks

Trading volumes remained strong last week in the Damascus Securities Exchange as the market’s index gained 3.33 percent.

Stock Market Index Crosses 800 Mark

Syria’s stock market index increased sharply this week to rise above the 800 mark for the first time since last November.

Stock Prices Largely Unchanged at DSE

The stock market index fell slightly last week, while banking stocks continued to attract most traders.

United Group Sees Dramatic Drop in Revenues

United Group, Syria’s largest media group, saw a massive drop in revenues last year over the contraction of the advertising market.

Vegetable Oil Company Sees Rise in Sales and Profits

Al-Ahliah Vegetable Oil Company, an agro-food company listed in the Damascus Securities Exchange, posted profits again last year.

Stock Index Gains for Second Week Running

Stocks continued their winning streak this week in the Damascus Securities Exchange with the second consecutive weekly gain for the market’s main index.

Stocks Gain in Securities Exchange

Stocks in the Damascus Securities Exchange gained last week as the continued decline of the Syrian Pound is driving investors further away from cash holdings.

BSO Announces Theft at Damascus Branch

Bank of Syria and Overseas has announced a theft at one of its branches, one of many similar events that have recently occurred at Syrian banks.