News

DWX Sheds 0.78 Percent

The DWX fell 0.78 percent last week with banking stocks continuing to dominate the market.

BBSF Reports new Robbery Case

Banque Bemo Saudi Fransi has announced that it has been the victim of a new hold-up.

New Director at Al-Ahliah Vegetable Oil

Al-Ahliah Vegetable Oil has announced that Tamman Nadim Alloush had joined its board of directors.

Bourse Auctions Shares of Kuwaiti Investor

The main index of the Damascus Securities Exchange rose 0.54 percent in a week that saw a large deal on Al-Aqeelah Takaful Insurance stocks.

Trading Volumes Cross SYP 35 Million Mark

The volumes exchanged last week in the Damascus Securities Exchange increased to SYP 35 million over trading in financial stocks.

Securities Market Resumes Decline

An unusually large number of listed companies were traded in the Damascus bourse last week as the market index resumed its decline.

DWX Gains 1% as QNBS and SIIB Attract Most Trading

The Damascus stock market index posted two successive gains on Tuesday and Wednesday to close the week on a positive note.

Stock Market Resumes Decline

After two weeks of gains the stock market index resumed its decline as none of the traded stocks gained in the week’s three sessions.

Stock Exchange Trading Volume Dropped 82 Percent in 2012

Two financial firms held together more than half of the brokerage market share in the stock exchange last year as the volume of trading fell 82 percent on an annual basis, according to data published by the DSE.

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.