Daman Cham, an investment bank and brokerage house, has announced the resignation of its general manager.
The value of trading at the Damascus Securities Exchange crossed the SYP 100 million mark last week for the first time in months.
Syria’s stock market continued last week its winning streak as interest from investors remained strong.
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.
The Syrian stock exchange resumed last week its recent winning run with its main index rising 2.41 percent.
Syria’s stock exchange index fell below the 900 mark last week with trading volumes declining.
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 remained strong last week in the Damascus Securities Exchange as the market’s index gained 3.33 percent.
Syria’s stock market index increased sharply this week to rise above the 800 mark for the first time since last November.
The stock market index fell slightly last week, while banking stocks continued to attract most traders.
United Group, Syria’s largest media group, saw a massive drop in revenues last year over the contraction of the advertising market.
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 in the Damascus Securities Exchange gained last week as the continued decline of the Syrian Pound is driving investors further away from cash holdings.