Damascus Securities Exchange Explained

Damascus Securities Exchange
Type:Stock Exchange
City:Damascus
Country:Syria
Founded:2009
Owner:Damascus Securities Exchange
Key People:Mr. Mohammad Ghassan Al-Qalla'a (Chairman), Dr.Salim Challah (Deputy Chairman), Dr.Abdul Razak Kasem (CEO)
Currency:Syrian pound
Listings:24
Indexes:DWX
Homepage:www.dse.sy
Nativename:سوق دمشق للأوراق المالية

The Damascus Securities Exchange (DSE) (Arabic: سوق دمشق للأوراق المالية|translit=Sūq Dimashq lil-'Awrāq al-Māliyyah) is a stock exchange located in Damascus, Syria. Founded in 2009, it is the only stock exchange in Syria.[1] The Damascus Securities Exchange is a member of the Federation of Euro-Asian Stock Exchanges.[2]

It started with its premises in the Barzeh district. On 10 May 2022 It moved to the business district of Yaafur.[3]

History

The first official tradings were launched on Tuesday March 10, 2009.[4]

Syrian war

See main article: Syrian civil war. According to the International Monetary Fund (IMF), between March 2011 when the uprising began, and May 2012, the value of the Syrian pound has fallen 45 percent and the Damascus stock exchange decreased 40 percent.[5]

See also

External links

Notes and References

  1. Web site: ANIMA News : Damascus Stock Exchange proceeded on its first operation on Thursday 30th of January . 2009-02-08 . https://web.archive.org/web/20101225214634/http://www.animaweb.org/en/actu-detail.php?actu=5307 . 2010-12-25 . dead .
  2. Web site: FEAS History.
  3. Web site: DSE الأخبار . 2023-01-09 . www.dse.sy.
  4. Web site: AFP: Syria launches first stock exchange . . dead . https://web.archive.org/web/20120212075555/http://www.google.com/hostednews/afp/article/ALeqM5gPsB6CSsyXUgWdxEsC0B_O-jqV-w . 2012-02-12.
  5. http://english.nuqudy.com/Levant/Damage_to_Syrian_Ec-1822 "Damage to Syrian Economy Estimated", 10/5/2012