The Damascus Securities Exchange (DSE) ( ar, سوق دمشق للأوراق المالية, translit=Sūq Dimashq lil-'Awrāq al-Māliyyah) is a
stock exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for t ...
located in
Damascus
)), is an adjective which means "spacious".
, motto =
, image_flag = Flag of Damascus.svg
, image_seal = Emblem of Damascus.svg
, seal_type = Seal
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,
Syria
Syria ( ar, سُورِيَا or سُورِيَة, translit=Sūriyā), officially the Syrian Arab Republic ( ar, الجمهورية العربية السورية, al-Jumhūrīyah al-ʻArabīyah as-Sūrīyah), is a Western Asian country loc ...
. Founded in 2009, it is the only stock exchange in Syria. The Damascus Securities Exchange is a member of the
Federation of Euro-Asian Stock Exchanges
The Federation of Euro-Asian Stock Exchanges (FEAS) is a non-profit international organization comprising the main stock exchanges in Eastern Europe, the Middle East, and Central Asia. The purpose of the Federation is to contribute to the cooperat ...
.
It started with its premises in the
Barzeh district. On 10 May 2022 It moved to the business district of
Yaafur.
History
The first official tradings were launched on Tuesday March 10, 2009.
Syrian war
According to the International Monetary Fund (IMF), between March 2011 when the uprising began, and May 2012, the value of the
Syrian pound
The Syrian pound or lira ( ar, الليرة السورية, al-līra as-sūriyya; abbreviation: LS or SP in Latin, ل.س in Arabic, historically also £S, and £Syr; ISO code: SYP) is the currency of Syria. It is issued by the Central Ban ...
has fallen 45 percent and the Damascus stock exchange decreased 40 percent.
"Damage to Syrian Economy Estimated", 10/5/2012
See also
* Economy of Syria
Syria's economic situation has been turbulent and their economy has deteriorated considerably since the beginning of the Syrian civil war, which erupted in March 2011.
* List of stock exchanges
This is a list of major stock exchanges. Those futures exchanges that also offer trading in securities besides trading in futures contracts are listed both here and in the list of futures exchanges.
There are sixteen stock exchanges in the wor ...
References
External links
Damascus Securities Exchange Website
{{coord missing, Pakistan
Damascus
Stock exchanges in Asia
Economy of Syria
Buildings and structures in Damascus
2009 establishments in Syria