Damascus Securities Exchange
|Damascus Securities Exchange
سوق دمشق للأوراق المالية
|Owner||Damascus Securities Exchange|
|Key people||Dr. Rateb Shallah (Chairman), Mohamed Haykal, (Deputy Chairman)|
|No. of listings||11|
The Damascus Securities Exchange (DSE) (Arabic: سوق دمشق للأوراق المالية) 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 market officially opened in February 2009, with a period of mock trading for testing purposes. The first official tradings were launched on Tuesday March 10, 2009.
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.