Syria Gulf Bank has announced the resignation of one of its board members.

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

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

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

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.

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

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

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

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.

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.