Negative Performance Characterized the Lebanese Bourse Today

The Lebanese Bourse experienced poor performance on Tuesday, as the BLOM Stock Index (BSI) declined by 0.51% to settle at 1,185.48 points. In the banking sector, Byblos Bank preferred 2008 and 2009 shares gained 0.30% and 0.10% to close the session at respective quotes of $100.50 and $100.40, while Bank Audi GDR shares lost 4.43% to $6.26. Seven out of the ten traded stocks, in the banking sector, traded at their previous quotes. These were Byblos Bank listed shares, Bank of Beirut preferred shares class “H” and “I”, BLOM Bank common and its 2011 preferred shares, BEMO Bank listed shares and Bank Audi preferred class “G” shares. In the real estate sector, Solidere shares class “A” downturned by 1.83% to $11.29 while class “B” shares augmented by 0.35% to end up at $11.45. 

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