News

DSE Gains for Third Week in a Row

The level of trading slowed somewhat at the Damascus Securities Exchange this week with average prices increasing on a weekly basis.

Agro-food Company Posts Profits in 2012

Nama, a listed agro-food company, witnessed a 5 percent annual decline in its 2012 revenues, although it still managed to post a profit.

Banks Gain in Stock Market

The Damascus stock market index continued to rise for the second week running on the back of rising demand for banking stocks.

First Gain for Stock Market Index in Six Months

A ten percent surge in the price of the SIIB stock enabled the main index of the Syrian securities exchange to rise last week for the first time in almost six months.

Stocks Begin Year with Decline; Three Stocks Not Traded at All in 2012

Syria’s stock market began the year as it closed last, with an uninterrupted decline in prices.

Bank Al-Sharq Announces New Board Resignation

Bank Al-Sharq has announced the second resignation in as many months of one of its directors.

Trading Volumes Rise to SYP 35 Million

Trading in banking stocks helped increase the total volume of trading in the Damascus Securities Exchange last week to levels not seen since March.

Stocks Lose, Trading Volumes at SYP 6 Million

Stocks continued to lose ground in the Damascus Securities Exchange over the week while trading volumes reached SYP 6.1 million.

PM Names Board Members of DSE

The Syrian Prime Minister has appointed the five remaining members of the board of directors of the Damascus Securities Exchange.

Al-Aqeelah Appoints New General Manager

Al-Aqeelah Takaful Insurance has appointed a new general manager.

DSE Extends Losing Streak to 20 Sessions

The Damascus Securities Exchange extended this week its losing streak to twenty sessions in a row.

Bank Al-Sharq Announces Resignation of Board Member

Bank Al-Sharq has announced the resignation of one of its board members.

Trading Volume Increases on Banking Stocks

Trading in two banking stocks increased sharply the volume of transactions at the Damascus bourse last week although this did not prevent the continued decline in prices.

Stock Index Declines as Trading Remains Very Limited

Syria’s stock exchange index declined 0.20 percent last week amid very limited trade.

DSE Falls below 800 Mark and Elects New Board

Syria’s stock exchange index fell for the first time below the 800 mark last week as trading continued to remain limited to a handful of stocks.