Lebanon’s Biggest Stock Slumps As Trading Resumes in Beirut
(Bloomberg) —
Shares in Lebanese real-estate company Solidere declined as much as 13% as they traded for the first time since the deadly blast in Beiruts port that killed more than 150 people last week.
Solidere is the largest and one of the most liquid listings on Lebanons bourse, which has a market capitalization of about $5 billion, similar to those of Mauritius and Malta. Its shares pared losses later in the morning, trading 1.4% lower at $14.01 as of 11:32 a.m. in Beirut, with volume of …
