Poor Performance in the Real Estate Sector Weighed Heavily on the Lebanese Bourse
The BLOM Stock Index (BSI) went down by 0.94% on Thursday to a 24-month low of 1,121.66 points mainly due to the ongoing poor performance in the real estate sector. In details, Solidere shares class “A” plunged by 6.69% to $8.92, first time below the $9 mark since 2006, while the class “B” shares dropped by 3.62% to end up at $9.04, respectively. In the banking sector, Byblos preferred shares 2009 and Audi GDR shares lost 0.10% and 0.33% to close at respective quotes of $100.40 and $5.97. Meanwhile, the listed shares of Bank of Beirut, Byblos, BLOM and Audi weretraded with no change in price.
| Traded Stocks | Last ($) | Previous ($) | Change | Volume | Vwap ($) |
| Solidere (A) | 8.92 | 9.56 | -6.69% | 11,526 | 9.16 |
| Solidere (B) | 9.04 | 9.38 | -3.62% | 14,491 | 9.13 |
| BLOM Listed | 9.40 | 9.40 | – | 2,566 | 9.40 |
| Audi Listed | 5.94 | 5.94 | – | 5,000 | 5.94 |
| BoB Listed | 18.40 | 18.40 | – | 14,000 | 18.40 |
| Byblos Listed | 1.60 | 1.60 | – | 20,000 | 1.60 |
| Audi GDR | 5.97 | 5.99 | -0.33% | 22,000 | 5.97 |
| Byblos Pref 09 | 100.40 | 100.50 | -0.10% | 276 | 100.40 |
| Last | Previous | Change | Y-t-D Change | |
| BSI | 1,121.66 | 1,132.33 | -0.942% | -4.15% |
| High | 1,131.24 | 1,134.47 | ||
| Low | 1,112.57 | 1,132.33 | ||
| Vol | 89,859 | 851,220 | -89.44% | |
| Val | $740,292 | $ 5,148,687 | -85.62% |
| Last | Previous | Change | |
| BPSI | 105.54 | 105.54 | 0.00% |
| Vol | 90,477 | 0 | – |
| Val | $746,237 | $ 0 | – |
