Heavy Activity Depicted in the Lebanese Bourse Today

The Lebanese Bourse saw heavy activity today as the BLOM Stock Index (BSI) went up 0.29% 1,191.13 points, broadening its year-to-date gains to 1.79%. In the banking sector, Bank Audi common shares and its preferred class “G” shares gained 0.33% and 0.30% to settle at $6.12 and $100.30, in addition to Bank of Beirut preferred class “J” shares increased by 1.40% to $25.35. In contrast, Byblos Bank listed shares and BLOM GDR shares lost 0.62% and 0.20% to close the session at $1.61 and $9.98, respectively. Bank of Beirut preferred shares classes “E” and “I”, Byblos Bank preferred 2008 and 2009 shares, BLOM Bank’s listed and preferred 2011 shares and Audi preferred class “G” shares all traded with no change in price. In the real-estate sector, Solidere shares classes “A” and “B” increased by 1.59% and 1.51% to end up at respective quotes of $11.52 and $11.46.

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