Several large transactions led to a rare surge in the value of trading in the Damascus Securities Exchange last week.
Solidarity Alliance, a private insurer, has announced the resignation of its general manager.
Syria’s stock market index climbed for the second week in a row, amid insignificant trading activity in the exchange.
More than half of the value of trading in the Syrian stock exchange this week was over a banking stock held by a Qatari institution.
After declining in two consecutive sessions, the DWX fell 0.75 percent last week to close at 1,211.65.
Syria’s stock market index gained 0.23 percent last week to close at 1,220.85.
Stock prices resumed their decline last week in the Damascus securities exchange.
For the fifth week in a row since the beginning of the year, the Syrian stock exchange declined last week although the level of activity remained low.
Arab Bank Syria has announced the resignation of a member of its board.
In a similar manner to last year, two stocks continue to dominate overwhelmingly the trading activity in the Damascus Securities Exchange.