Damascus-SANA
The main Damascus Securities Exchange index rose at the end of the first half of this year to 21,036.6 points, achieving its highest value since the market's launch by 3543 points from the end of 2021.
According to the semi-annual report issued by the market today, the leading stock index heavy with free stocks rose in the first half of this year to a value of 2585.9 points, an increase of 644 points, or 33 percent from the end of last year.
The report indicated that the values and volumes of trades executed through regular deals increased significantly during the first half of 2022 compared to the first half of the previous year 2021, where the total values of these trades during the first half of this year amounted to approximately 29 billion Syrian pounds, compared to 11 billion Syrian pounds. The Syrian pound during the same period of the year 2021, that is, it increased by more than 161 percent.
The Executive Director of the market, Dr. Abdul Razzaq Qassem, pointed out in a press statement today that the total recorded mega deals amounted to 19.3 billion pounds, compared to 44.1 billion pounds, a decrease of 56 percent, bringing the total trades executed during the first half of 2022 to a value of 48.2 billion pounds, compared to 55.2 billion pounds. billion pounds during the same period in 2021, down by 13 percent.
Qassem indicated that the total market value of all listed companies rose to 3.6 trillion pounds at the end of June 2022, with an increase of 20 percent over the end of 2021.
In terms of sectors, Qassem explained that the banking sector ranked first, with a trading value of about 40.3 billion pounds, or 84 percent of the total value of trading during the first half of 2022.
Ahmed Souliman
