Lebanese Bource Waned as the BSI Fell Below the 1,200 Mark Today

The Lebanese Bourse experienced sluggish performance, as the BLOM stock Index (BSI) declined by 0.53% to close below the 1,200 mark at 1,195.48 points, but still increasing by 2.11% year-to-date. Five out of the seven traded stocks ended in the red while the remaining traded with no change in price. In the banking sector, BLOM Bank listed and GDR shares lost 1.25% and 0.50% to close the session at $9.48 and $10.00, respectively. Furthermore, Bank Audi common shares decreased by 1.28% to settle at $6.17 while BLOM Bank Preferred 2011 and Byblos Bank listed shares traded at their previous quote. In the real estate sector, Solidere class “A” and “B” stocks respectively downturned by 0.36% and 0.81% to register $11.02 and $11.05.

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