Poor Performance for Lebanese GDRs on the LSE on Monday

On the London Stock Exchange (LSE), two of the four listed Lebanese Global Depository Receipts (GDRs) traded on Monday. The real estate sector experienced a poor showing, where Solidere GDRs declined by 4.76% to $10.00, noting that 18,195 shares worth $181,950 were traded.  In the banking sector, 40,682 GDRs of BLOM exchanged hands at $9.60, 0.52% less than Friday’s quote. Meanwhile, Byblos and Audi GDRs did not trade, steadying at their previous quotes of $75.00 and $5.90, respectively.

GDRsLast Price ($)Previous Price ($) ChangeVolumeValue ($)
BLOM GDR9.609.65-0.52%40,682390,547
Audi GDR5.905.90 – –  –
Byblos GDR75.0075.00 – –  –
Solidere GDR10.0010.50-4.76%18,195181,950

Source: Reuters

Closing Date: 28 September 2015


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