Negative Performance on the Beirut Stock Exchange Today

The real estate held backthe Lebanese Bourse for the 3rd consecutive session which caused the BLOM Stock Index (BSI) to decline by 0.69% to 1,148.91 points, following the trade of 58,158 shares worth $567,109. In the real estate sector, Solidere shares classes “A” and “B” both declined by 4.09% and 3.05% to end the trading day at $10.09 and $10.18, respectively. In the banking sector, Byblos Bank listed shares and Bank Audi GDRs lost 0.61% and 0.33% to close at $1.62 and $6.05, respectively. In contrast, BLOM Bank GDRs, Bank Audi listed shares, and Bank of Beirut preferred shares class “H” increased by 0.21%, 0.67% and 0.57% to respective prices of $9.72, $6.00, and $26.50. Meanwhile, the listed shares of Bank of Beirut and BLOM Bank traded with no change in price. In the industrial sector, Holcim shares decreased by 2.67% to $14.60.




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