Trading in the Damascus Stock Exchange continues to be suspended due to the following necessities:
1. Determine the operational and financial status of joint-stock companies and complete the disclosures required from companies about the extent of damage and losses resulting from accidents during the previous period.
2. The necessity of stability of the banking system and regular functioning of banks.
3. Taking into account the stability of the exchange rate.
The Authority notes that this measure is temporary and trading will be resumed as soon as the reasons referred to above are eliminated. The Authority will also publish the joint-stock companies’ disclosures received about the conditions of these companies.
The Authority confirms that all data of the Damascus Stock Exchange, the clearing center, the central custodian, and shareholder ownership are preserved and enjoy the highest levels of protection.