Damascus Securities Exchange (322)

19-11-2012

Syria’s stock exchange index fell for the first time below the 800 mark last week as trading continued to remain limited to a handful of stocks.

08-11-2012

The revenues of United Group, Syria’s largest media company, plunged 65 percent year-on-year in the first nine months of 2012 amidst a slump in the advertising market.

05-11-2012

Two sessions were held last week at the Damascus Securities Exchange with only seven trades taking place.

25-10-2012

Activity at Al-Ahliah Vegetable Oil continued to show remarkable resilience with revenues in the first nine months of this year increasing on an annual basis.

15-10-2012

All the indicators were again in the red last week at the Damascus Securities Exchange.

08-10-2012

Syria’s stock market index fell again in a new uneventful week.

01-10-2012

The last week of September saw trading return to more “normal” levels in the Damascus Securities Exchange.

24-09-2012

Qatar National Bank Syria announced on Tuesday that it been victim of a fraud, the second such report by a local bank in two weeks.

24-09-2012

The Damascus Securities Exchange is continuing to beat records with the value of the shares traded last week at its lowest level since the inception of the Syrian bourse in March 2009.

17-09-2012

The Damascus Securities Exchange witnessed last week one of its worst weeks since its inception with only one stock traded in a single deal.

10-09-2012

Pioneers Syria has suspended its activities in the Damascus Securities Exchange as a result of falling business revenues.

06-09-2012

The value of shares traded at the stock exchange in the first eight months of this year fell 77 percent compared to the same period of last year, data from the Syrian bourse show.

06-09-2012

A total of twelve transactions worth a combined SYP 465 thousand occurred during the whole of this week in the Damascus Securities Exchange.

03-09-2012

Al-Aqeelah Takaful Insurance, a listed Islamic insurer, has announced the resignation of its general manager, Firas Al-Azem.

13-08-2012

Revenues continued to plunge at UG, Syria’s largest media group, as the industry suffers from the economic downturn.

13-08-2012

Some SYP 2 million worth of stocks were traded last week in the Damascus Securities Exchange with the focus of investors remaining on banks and financials.

06-08-2012

In a dramatic development, the Syrian Prime Minister, Riad Hijab, has fled the country, effectively defecting from the Government, along with two other ministers, exactly two months after he was appointed to his position.

30-07-2012

Stocks in Syria’s securities exchange gained last week, for the first time in almost three months, although the limited trading volumes render this change of direction largely insignificant.

02-07-2012

All stocks traded at the Damascus Securities Exchange fell again last week with the total value of shares falling more than 50 percent compared to the previous week.

18-06-2012

Syrian stocks fell for the fifth week running with the Damascus Securities Exchange’s main index shedding 0.61 percent.

11-06-2012

Trading in the Damascus Securities Exchange last week remained very low with investors continuing to flee the market.

04-06-2012

The week at the Damascus Securities Exchange was marked by the inclusion of Syria International Islamic Bank in a list of companies under sanctions by the United States and by a general decline in stock prices.

28-05-2012

The Damascus Securities Exchange's main index, the DWX, closed at 872.23 on May 23, a weekly decline of 0.17 percent, with trade volumes slightly rising.

21-05-2012

A new company is set to enter the Damascus Securities Exchange in spite of the fact that the market continues to attract only little investment.

07-05-2012

Global One, a brokerage firm based in Aleppo, held the lead in the market for stock brokering in April, for the third month since the beginning of the year.

29-04-2012

Syria’s stock market index rose 1.48 percent last week to close at 881.83 on April 25 with more than half of the listed stocks being traded.

23-04-2012

Last week saw only one trading session at the Damascus Securities Exchange because of the Easter and Independence Day as the DWX remained stable.

25-03-2012

Trading remained very limited last week in the Damascus Securities Exchange as public holidays reduced the number of trading sessions to two.

25-03-2012

The Islamic Financial Services Company, a brokerage company, is being dissolved following a decision by its Board of Directors.

21-03-2012

The Syrian Investment House has become the third investment bank in Syria to announce the suspension of its activities in the last year.

18-03-2012

Investors in the Damascus Securities Exchange remained cautious as downward and upward pressures appeared to balance each other.

12-03-2012

Syria’s stock market index remained unchanged last week although it has now fallen more than 50 percent in the year since the beginning of a popular uprising in March 2011. Some analysts speculate, however, that the market could rise again in the coming weeks as the decline in the real value of stocks caused by inflation could render them attractive again.

23-02-2012

Trading at the Damascus Securities Exchange remained dull this week with the total value of stocks traded in the last three sessions at only SYP 16 million or around USD 228 thousand.

21-02-2012

Al-Ahliah Vegetable Oil has reported a 12.75 percent increase in its 2011 revenues to SYP 1.5 billion.

19-02-2012

UG, Syria’s largest media group, reported a loss of SYP 45 million in its 2011 fiscal year amid a steep decline in revenues and a stricken media sector.

12-02-2012

Trading volumes and prices fell last week in the Damascus Securities Exchange although some brokers hope that positive financial results by banks may partly help revive interest in their stocks.

01-02-2012

Arab Bank Syria has announced the resignation from its Board of Basma Talal Zein, a founding shareholder.

30-01-2012

The DWX fell 0.82 percent last week to close at 860.31 on January 25, although the index posted an increase in Thursday's session, the first such growth in some three weeks, thanks to a rise in the stock price of two leading banks.

25-01-2012

Al-Ahliah Transport, one of the largest passenger transport companies in the country, announced a 30 percent decline in revenues last year on the back of the unrest resulting from the popular uprising that began in March.

22-01-2012

The prices of all the stocks that changed hands last week in the Damascus Securities Exchange declined as investors continue to flee the Syrian bourse.

21-01-2012

Three brokerage houses took a market share of more than 50 percent of all trading in the Damascus Securities Exchange last year, according to data from the Syrian bourse.

12-01-2012

The Damascus Securities Exchange resumed its downward slide this week amid very low trading volumes.

09-01-2012

Syria’s stock exchange began the year on a positive note with an increase of 1.83 percent in the market’s main index, the DWX.

02-01-2012

The stock exchange's main index rose for the second week running but closed the year with an annual decline of 50 percent.

26-12-2011

Syria’s stock index posted a gain of 2.81 percent this week after several consecutive weeks of decline.

21-12-2011

The value of the Syrian Pound to the US Dollar has stabilized in the last few days on the back of the decision of the Central Bank to bring the national currency’s official rate closer to its black market value.

19-12-2011

The main index of Syria’s stock exchange remained stable this week as the market regulator passed a new measure to limit the decline in share values.

05-12-2011

Updated December 05: SCFMS, the financial markets regulator, has given a preliminary approval to Arab Orient Insurance Company to list in the Damascus Securities Exchange.

27-11-2011

Since the beginning of the year Syrian stocks have on average  lost half of their value as political and economic risks continued to increase.

20-11-2011

All stocks traded in the Damascus Securities Exchange declined in every one of the three sessions held last week.