Last updated: 10 January, 2020

Solidere shares jump despite persistent crisis in Lebanon

Holders of stocks in the real estate developer Solidere are basking in the sun for the first time in many years as its shares on the Beirut Stock Exchange rose considerably over the past few days despite the political paralysis in the country and the closure of most parts of Downtown. Solidere A and B shares Thursday rose to $7.98 and $8.07 respectively with the total value of both stocks reaching $2,773,429, a significant amount in a usually dormant bourse. The same stocks stood at $7.88 Wednesday and $7.42 Tuesday.