The Damascus Securities Exchange (DSE) (Arabic: سوق دمشق للأوراق المالية, romanized: 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]
| سوق دمشق للأوراق المالية | |
 | |
| Type | Stock Exchange |
|---|---|
| Location | Damascus, 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 |
| No. of listings | 24 |
| Indices | DWX |
| Website | www.dse.sy |
It started with its premises in the Barzeh district. On 10 May 2022 It moved to the business district of Yaafur.[3][4]
History
editThe first official tradings were launched on Tuesday March 10, 2009.[4]
Syrian war
editAccording 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
editReferences
edit- ^ "ANIMA News : Damascus Stock Exchange proceeded on its first operation on Thursday 30th of January". Archived from the original on 2010-12-25. Retrieved 2009-02-08.
- ^ "FEAS History".
- ^ "DSE | الأخبار". www.dse.sy. Retrieved 2023-01-09.
- ^ a b "AFP: Syria launches first stock exchange". Google News. Archived from the original on 2012-02-12.
- ^ "Damage to Syrian Economy Estimated", 10/5/2012 Archived June 20, 2012, at the Wayback Machine
External links
edit