FEAS Yearbook FEAS Yearbook 2021 | Page 54

The Federation of Euro-Asian Stock Exchanges

Damascus Securities Exchange

About Company

Abdul Razak Kassem

Chief Executive Officer

Established: 2009

Address: Yafour area - the eighth gate, Damascus, Syria

Contact Name: Osama Hasan

Email: [email protected]

Website: www.dse.sy

- Joined FEAS in 2010 -

The performance of the Damascus Securities Exchange during the year  2021 was the best in terms of accomplishments & performance indicators such as: DSE Indices, trading values & volumes, and market capitalization value.

The DWX increased by 116% compared to the previous year. The trading volumes and values also increased significantly, with a percentage change of 297% and 1500%, respectively. As for the market capitalization value of all listed companies increased to exceed (3 trillion) SYP with a percentage change of (111%) 

Our main challenge in 2021 was to ensure DSE Trading Continuity during Covid-19 pandemic in spite of all pressures on Syrian economy in line with maintaining our staff safety in the first place.

This was done by emphasizing safety and health measures in the institution, and the ability to fully & remotely run the operations technically.

Most of our short term goals has been achieved despite all obstacles, launching online trading service was the most outstanding achievement during 2021 in a try to keep up with the new developments and global trends. It constitutes a qualitative addition to the mechanism of trading and investment.

Here I would like to mention that our achievements could not have been achieved without hard work of the management and staff team with efficiency and competence to ensure the continuity of operations with the utmost flexibility.

Year in review

DSE main project was to enhance technical & Infrastructural upgrades in parallel with conducting organizational reforms within the frameworks of corporate governance in an attempt to improve the business environment.

Launching online trading service was DSE event of 2021.

Achieving the highest record in term of all performance indicators & achievements

Launching online trading service was the prominent accomplishment & event.

We are still working on providing an attractive environment for investments and trading, despite all the political and economic conditions that we have been through since 2011

Every employee in the year 2021 was DSE's person of the year. All of them worked diligently and sincerely to achieve the goals of the institution.

Global One for financial investments. It is one of DSE ‘s brokerage company that ranked first in 2021 in terms of trading volumes and values

Project of the year

Event of the year

Change of the year

Accomplishment

of the year

Word of the year

Person of the year

Member of the year

54 55