Economy

Damascus Stock Exchange trades record around 10 million pounds

26 October 20265 min read

Damascus Stock Exchange trades record around 10 million pounds
Damascus Stock Exchange records 9.96 million pounds across 267 deals, with Baraka Syria as the sole gainer.

The value of trades in the Damascus Securities Market during Monday's session recorded approximately 9,960,624 Syrian pounds, distributed across 422,241 shares traded through 267 deals, with no large deals executed.

Baraka Syria the sole gainer

Baraka Syria bank share emerged as the sole gainer in the session, achieving an increase of 0.25 percent to close at a price of 7.99 pounds, in an isolated positive performance contrary to the general trend dominated by declines.

Wide declines for shares

The Al-Eteham Al-Ahli Bank share topped the list of the most declining shares, dropping by 4.99 percent to close at 9.13 pounds, followed by the International Bank for Trade and Finance share with a decrease of 4.98 percent, settling at 13.56 pounds, then the Banque Saudi Fransi share which declined by 4.96 percent, recording 14.76 pounds.

Fixed prices for non-traded shares

The National Islamic Bank also recorded a slight decline of 0.05 percent, closing at 20.72 Syrian pounds, while several shares remained out of trading during the session, without recording any buying or selling operations, which prevented determining new market prices for them, amid investors' focus on specific shares over others.

Source: Syrian Arab News Agency (SANA)

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