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For this first time in many years, Beirut bourse has seen an unusual upward activity as the chances of electing a president grow stronger every day.BLOM Stock Index Thursday reached 1,214.69, an increase of 3.86 percent year-to-date.Brokers said they haven't seen so much demand on Solidere shares since 2008 and 2009, the best performance of the usually dormant Beirut Stock Exchange.Although Solidere A and B shares increased less than 2 percent Thursday, the volume and value of these stocks were relatively substantial considering the small size of the Lebanese market.Ex-Prime Minister Saad Hariri announcement that he would back MP Michael Aoun as president will likely motivate more investors to buy Solidere shares which would ultimately cause the price to soar.
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