Abstract
The efficient market is the market that may achieve on efficient allocation to the available resources which ensure the direction of the in more profitable aspects. In order to realize the efficient allocation of available financial sources, two criteria should be targeted as follows; efficient pricing and operating efficiency. This study aims to measure the efficiency of the Damascus financial stock markets. This can be achieved through the estimation of market indicators samples of stock prices movement daily related to the whole listed companies. was to extract data were collected in time intervals between (22/6/2010 and 12/3/2012). it is worth noted that Damascus financial Stock Market is currently consisted of 5 main sectors represented by the listed companies; these one (services, industry, banking, endurances, agricultures. The companies are distributed in other private sectors, significant difference (sig=0 Keywords financial markets --- stock prices --- operating efficiency --- investment opportunities --- الأسواق المالیة، أسعار الأسهم، کفاءة التشغیل، الفرص الاستثماریة
