BEIRUT: The dormant
Beirut Stock Exchange continued to perform poorly this year as the bourse index dropped by 14 percent in the first seven months of 2019.
One of the winning joint ventures had pledged to list 30 percent of their capital on the
Beirut stock exchange -- finally allowing public scrutiny of a waste manager's financial statements.
Salameh added that the online trading could be run from the
Beirut Stock Exchange if the Government privatises the stock market.
The re-opening of the
Beirut Stock Exchange this summer marks a major step forward in Lebanon's recovery process.
According to the data of
Beirut Stock Exchange, Solidere A and B shares closed at $5.89 and $5.83 respectively Monday and closed at $6.37 and $6.22 respectively Friday.
From a markets perspective, there is an additional blood pressure benefit from vacationing in Beirut: even the most compulsive investor will have found it possible to resist the excitement of equities trading on the
Beirut Stock Exchange, where total volume in week 33 reached some 305,000 shares.
Byblos, BLOM, Audi, Bank of Beirut and BEMO are the only Lebanese banks listed on the
Beirut Stock Exchange.
Prices of Solidere A and B shares on the
Beirut Stock Exchange have fallen drastically since the beginning of 2019, reflecting the negative sentiment in the country.
