The DWX, the main index at the Damascus Securities Exchange, remained largely unchanged last week as investors focused on banking stocks.
Bank Audi Syria has announced the appointment of a new Chief Executive Officer.
Last week saw the lowest levels of trading in the Damascus Securities Exchange since the beginning of the year.
Last week, the Damascus Securities Exchange was on track to witness one of its worst weeks in terms of trading volumes when a handful of transactions lifted the bourse’s overall weekly activity.
Banque Bemo Saudi Fransi, the first private sector bank to open in Syria after decades of state monopoly, has announced the relocation of its headquarters.
Trading activity continues to decline in the Syrian stock exchange where only a handful of transactions are now occurring every week.
The Syrian stock market index gained last week as total trading remained below the $100k level.
A couple of large transactions last week helped again the Damascus Securities Exchange reach above-average trading volumes.
Several large transactions led to a rare surge in the value of trading in the Damascus Securities Exchange last week.