Banking Stocks Held Back the Lebanese Bourse During the Last Session of the Week
The Beirut Stock Exchange (BSE) had a poor showing mainly on the back of a weak performance in the banking sector. Accordingly, the BLOM Stock Index (BSI) lost 0.36% on Friday to 1,108.49 points following the trade of 3,687,366 shares worth $34,700,690. In the banking sector, Byblos Bank listed shares, BLOM Bank GDRs, and Bank Audi GDRs each decreased by 0.62%, 0.21%, and 0.67% to end the session at respective closing prices of $1.60, $9.58 and $5.95. In contrast, Byblos Bank preferred shares 09 gained 0.50% to $100.90. Meanwhile, $3.58M of BLOM Bank listed shares were cross traded at their previous quote of $9.45 while BoB preferred shares class “I” traded with no change in value. In the real estate sector, Solidere class “A” shares decreased by 3.53% to $8.20. In contrast, Solidere “B” shares gained 1.33% to close at $8.36. In the industrial sector, Holcim shares changed hands with no change in price.
| Traded Stocks | Last ($) | Previous ($) | Change | Volume | Vwap ($) |
| Solidere (A) | 8.20 | 8.50 | -3.53% | 30,004 | 8.26 |
| Solidere (B) | 8.36 | 8.25 | 1.33% | 5,942 | 8.28 |
| BLOM GDR | 9.58 | 9.60 | -0.21% | 500 | 9.58 |
| BLOM Listed | 9.45 | 9.45 | – | 3,580,080 | 9.45 |
| Audi GDR | 5.95 | 5.99 | -0.67% | 5,500 | 5.95 |
| Byblos Listed | 1.60 | 1.61 | -0.62% | 41,836 | 1.60 |
| Byblos 09 Pref | 100.90 | 100.40 | 0.50% | 1,026 | 100.90 |
| Holcim | 15.15 | 15.15 | – | 20,378 | 15.15 |
| BoB Pref I | 26.35 | 26.35 | – | 2,100 | 26.35 |
| Last | Previous | Change | Y-t-D Change | |
| BSI | 1,108.49 | 1,112.54 | -0.364% | -5.28% |
| High | 1,113.83 | 1,114.80 | ||
| Low | 1,108.07 | 1,107.35 | ||
| Vol | 3,687,366 | 113,248 | 3156.01% | |
| Val | $34,700,690 | $959,835 | 3515.28% |
| Last | Previous | Change | |
| BPSI | 105.82 | 105.75 | 0.07% |
| Vol | 3,126 | 0 | – |
| Val | $158,858 | $0 | – |
