Real Estate Sector Holds Back the Lebanese Bourse

The Beirut Stock Exchange witnessed a lackluster performance on the back of a poor showing in the real estate sector. Consequently, the BLOM Stock Index (BSI) declined by 0.12% to 1,189.78 points, tightening its year-to-date gains to 1.67%. In the banking sector, BLOM Bank GDR shares and Byblos Bank preferred shares 2008 increased by 0.20% and 0.10% to close the session at $10 and $100.10, respectively. In addition, Byblos Bank common shares and BLOM Bank preferred shares 2011 traded at their previous quote. In the real-estate sector, Solidere shares classes “A” and “B” dropped by 0.61% and 0.87% to settle at $11.45 and $11.36, respectively.  

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