Damascus Securities Exchange سوق دمشق للأوراق المالية |
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Type | Stock Exchange |
Location | Damascus, Syria |
Founded | 2009 |
Owner | Damascus Securities Exchange |
Key people | Dr. Rateb Shallah, Chairman, Mohamed Haykal, Deputy Chairman |
Currency | SYP |
No. of listings | 11 |
Indexes | DWX |
Website | www.dse.sy |
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.[1] 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.[2]
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The market was initiated by Presidential decree no.55 on October 1, 2006. The Stock Exchange Act established a market for securities trading, known as the Damascus Securities Exchange. [3]
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.[2]