According to statistics published by the Damascus Securities Exchange, some SYP 1.04 billion worth of shares were traded in the first six months of this year.
Syria’s stock prices fell for the second week running as trading volumes also declined.
The US dollar continued to trade for most of the last week at just below 200 pounds in the currency market with little indications that the Syrian pound would regain lost ground.
Syrian stocks fell in all of last week's sessions ending a month and a half of weekly gains.
Syria’s stock market index remained unchanged last week with Al-Aqeelah Takaful attracting some large transactions.
Adib Mayaleh, the governor of the Central Bank of Syria, received kickbacks from an Austrian money-printer for the award of contracts, according to Vienna prosecutors.
The last week has seen a sharp decline in the value of the Syrian Pound with the national currency losing more than 20 percent of its value relative to the dollar.
Trading at Syria’s stock market was uneventful last week with the index rising slightly and trading volumes declining.
Daman Cham, an investment bank and brokerage house, has announced the resignation of its general manager.
A 40 percent rise in the assets of Islamic banks helped increase the Syrian pound value of the balance sheet of Syria’s private banking sector.
The value of trading at the Damascus Securities Exchange crossed the SYP 100 million mark last week for the first time in months.
The Central Bank of Syria has cancelled the license of two foreign exchange bureaus for breaching the law.
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 value of the US dollar continued to rise in the Syrian currency market, reaching 150 pounds last week before slightly receding today.
Damascus International Fairground
Assessing the Price of Imported Goods
Damascus Chamber of Commerce