Damascus Securities Exchange


The Damascus Securities Exchange is a stock exchange located in Damascus, Syria. Founded in 2009, it is the only stock exchange in Syria. Its current premises are in the Barzeh district, within Syria's financial markets and securities commission. Its final home is to be the upmarket business district of Yaafur. The Damascus Securities Exchange is a member of the Federation of Euro-Asian Stock Exchanges.

History

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

Syrian uprising

According to the International Monetary Fund, 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.