The value of the stocks traded in the Damascus Securities Exchange fell again last week to reach SYP 9.6 million.

United Insurance Company has announced the resignation of its General Manager.

The DWX lost 0.81 percent last week in another week of low trading at the Damascus Securities Exchange.

Trading in the Damascus Securities Exchange remained dull last week with volumes at only a few thousand dollars in one of the sessions.

Islamic banks attracted more than half of the trading in the Damascus Securities Exchange last week.

The DWX declined in each of last week’s four sessions as trading in the stock market was dominated by two large transactions involving a commercial bank.

Mohammad Haykal has joined the board of Arab Bank Syria replacing Samer Rustom.

The DWX fell in the last two weeks as the market witnessed two important transactions involving banks.

Banque Bemo Saudi Fransi has announced that it has bought a minority stake in one of its competitors.

Al-Baraka Bank Syria, an Islamic lender, is set to become the 24th listed company in the Damascus Securities Exchange.