Regional equity markets

by Executive Editors July 17, 2011

written by Executive Editors July 17, 2011

Beirut SE Current year high: 1,073.93 Current year low: 890.83 > Review period: Closed June 23 at 892.64 points Period Change: -0.25% Slumping Beirut stocks were not buoyed by the long-awaited emergence of a new, Mikati-led government. Instead, the market seesawed ahead of an anticipated political showdown during the upcoming parliamentary session and on uncertainty about unrest in Syria, leaving stocks down 8.2% in 2011 through June 23. Shares of Solidere hardly budged despite positive news of an 8% increase in 2010 net profits. Political bickering has driven the stock down 4.5% so far in 2011, though it is outperforming Bank Audi and BLOM Bank, which shed 15.6% and 10% respectively. Amman SE Current year high: 2,477.99 Current year low: 2,113.46 > Review period: Closed June 23 at 2,122.97 points Period Change: -1.7% For Amman stock prices in June there seemed no end in sight for the slide that

Executive Editors

Executive Editors are the collective voice of the magazine. Stories written by Executive Editors are the culmination of discussions, brainstorming, research and information-gathering by our editorial team. Over decades, our editorial team has applied a blend of seasoned expertise and a discerning eye to bring you insightful and engaging and substantive reads that eschew sensationalism.

Regional equity markets

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