Solidere GDRs Surged by 9.44% on the LSE on Thursday

On the London Stock Exchange (LSE), two out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on Thursday. In details, 500 GDRs of Audi exchanged hands at $6.00, increasing by 1.69% from Tuesday’s quote. Meanwhile, the GDRs of BLOM and Byblos did not trade, thus maintaining their previous prices of $9.60 and $75.00, respectively. In the real estate sector, Solidere GDRs continued to show substantial improvement mainly impacted by the convening of the Lebanese parliament for the 1st time in more than a year. Thus , the GDRs of Solidere revealed a 9.44% increase to to settle at $9.85, noting that 2,200 shares were traded with a total worth of $21,670.

GDRsLast Price ($)Previous Price ($) ChangeVolumeValue ($)
BLOM GDR9.609.60 – –  –
Audi GDR6.005.901.69%5003,000
Byblos GDR75.0075.00 – –  –
Solidere GDR9.859.009.44%2,20021,670

Source: Reuters

Closing Date: 12 November 2015





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