Slow Activity in the Lebanese Bourse Today

Despite frail activity, the Beirut Stock Exchange (BSE) saw a correction today, following the BLOM stock Index (BSI) gained 0.28% to close at 1,211.86 after 3 consecutive negative trading sessions in the red. In the banking sector, which grasped 55% of total value traded, Bank Audi GDR shares increased by 2.27% to end the session at $6.75 while its Preferred class “F” shares lost 3.66% to $100.00. In the real-estate sector, Solidere class “A” shares augmented by 1.54% to settle at $11.20 while its class “B” shares traded with no change in price.

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