Negative Performance for the Lebanese Bourse Today

On the Beirut Stock Exchange (BSE), a negative performance was witnessed today as the BLOM Stock Index (BSI) dropped by 0.41% to 1,160.47 points. In details, Solidere class “A” and “B” lost 0.20% and 2.46% to $10.02 and $9.91, respectively. In the banking sector, BLOM GDRs and listed shares lost 6.22% and 0.10% to $10.26 and $10.00, respectively. The bank’s shares are still incurring the consequences of yesterday’s ex-dividend date. However, Audi GDRs and listed shares added 0.34% and 1.71% to $5.82 and $5.95, respectively. Meanwhile Byblos listed and BLOM preferred 11 shares traded without any change in price, noting that 82,686 Byblos shares were cross-traded.

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