Poor Performance of Solidere GDRs on the LSE on Friday

On the London Stock Exchange (LSE), two out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on Friday. In details, GDRs of BLOM remained at their previous quote of $9.70, noting that 10,104 shares exchange hand worth $98,009. Meanwhile, GDRs of Byblos and Audi were not traded and therefore remained at their respective quotes of $75.00 and $6.00, respectively. In the real estate sector, Solidere GDR shares lost 2.87% to settle at $10.15, with a total value of traded shares standing at $116,755.

GDRsLast Price ($)Previous Price ($)% ChangeVolumeValue ($)
BLOM GDR9.709.70 –10,10498,009
Audi GDR6.006.00 – –  –
Byblos GDR75.0075.00 – –  –
Solidere GDR10.1510.45-2.87%11,503116,755

Source: Reuters

Closing Date: 18 September 2015


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