Real Estate Sector Pulls Up the Lebanese Bourse Today

The Lebanese Bourse recovered from Monday’s poor performance, on the back of an illiquid market that drove Solidere shares up. BLOM Stock Index (BSI) went up by 0.46% to 1,187.26 points, broadening its year-to-date gains to 0.46%. In the real estate sector, Solidere shares classes “A” and “B” gained 5.20% and 0.78% to close the session at $11.74 and $11.68, respectively. In the banking sector, Bank Audi listed shares and preferred shares classes “F” and “H” lost 1.64%, 0.30%, and 0.60% to respective quotes of $6, $100 and $100. In contrast, Byblos Bank common shares up-ticked by 1.25% to $1.62.

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