File - The rise in share value adds over $100 million in capitalization to the Beirut Stock Exchange.
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
The shares of real estate company Solidere fell in the past two days after a spate of profit taking by speculators who made reasonable return on their short term investments, brokers said Wednesday.Solidere A and B shares fell by an average of 4 to 5 percent Tuesday and Wednesday, closing at $11.66 and $11.53 respectively.Total value of shares traded Wednesday stood at $3,053,865 compared to $649,817 Tuesday, an increase of 369.96 percent.Solidere shares customarily fluctuate upward or downward depending on the prevailing political sentiment in the country.Analysts and brokers say that the Beirut Stock Exchange needs more liquidity in order to see a more substantial volume of shares traded every day.
Khalil: Lebanon to raise $2B in Eurobonds at below 14 pct
Dollar demand ‘nothing unusual’, Lebanese bankers say
Lebanon to pay top yield on new Eurobonds
FOLLOW THIS ARTICLE