Real Estate Sector Drags The Lebanese Bourse Today

The Lebanese Bourse fell from yesterday’s session, mainly due to the real estate sector illustrating a negative performance. Thus, the BLOM Stock Index (BSI) went down by 0.15% to 1,186.89 points, narrowing its year-to-date gains to 1.42%. In the real estate sector, Solidere shares classes “A” and “B” lost 0.60% and 1.44% to $11.57 and $11.63, respectively. In the banking sector, Byblos Bank preferred shares 2008 and 2009 gained 0.20% and 0.10% to the same quote of $101.00. In addition, Bank Audi preferred shares class “F” and BLOM Bank preferred shares 2011 increased by 0.50% each to $100.50 and $10.15, respectively. BEMO Bank preferred shares 2013 also went up by 1.20% to close the session at $101.20. Meanwhile, 350,000 listed shares of BLOM Bank were cross traded at their previous quote of $9.70. Bank Audi listed shares traded with no change in price.

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