Wednesday 17 October 2012

Syria bourse under fire and ready for worst - The National

Syria's stock market is making emergency preparations to allow the exchange to be operated remotely as fighting continues to rage in the capital and threatens to shut down normal business activity completely.

Officials at the bourse in Damascus are buying batteries, computers and other essential portable infrastructure equipment in an attempt to ensure trading will continue in the event of a large-scale emergency, such as an aerial bombardment or military attack.

"We are living not knowing if we can come back tomorrow. Our job is to offer our services to the investors and go back home. It is hard watching things slowly deteriorating and dying," said Anas Jawish, the listing and operations director at the Damascus Securities Exchange (DSE). "This is our work, our life, slowly vanishing away."

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