Solidere GDRs Experienced a Partial Recovery on the LSE Last Friday
On the London Stock Exchange (LSE), two of the four listed Lebanese Global Depository Receipts (GDRs) traded on Friday. The real estate sector saw a partial recovery, where Solidere GDRs increased by 3.45% to $10.50, noting that 13,687 shares were traded worth $143,714. In the banking sector, 40,843 GDRs of BLOM exchanged hands at $9.65, 0.52% less than Thursday’s quote. Meanwhile, Byblos and Audi GDRs did not trade, steadying at their previous quotes of $75.00 and $5.90, respectively.
| GDRs | Last Price ($) | Previous Price ($) | Change | Volume | Value ($) |
| BLOM GDR | 9.65 | 9.70 | -0.52% | 40,843 | 394,135 |
| Audi GDR | 5.90 | 5.90 | – | – | – |
| Byblos GDR | 75.00 | 75.00 | – | – | – |
| Solidere GDR | 10.50 | 10.15 | 3.45% | 13,687 | 143,714 |
Source: Reuters
Closing Date: 25 September 2015
