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Regional equity markets

by Executive Staff

Beirut SE: Blom  (1 month) Current Year High: 1,713.79  Current Year Low: 1,168.85 The BSE short seems inauspicious to inspire trading volumes these days, but the Beirut Stock Exchange undercut the Bahraini bourse in matters of confidence last month. After no more then a hiccup of an improvement to 1,208.57 points on January 26, the day after Lebanon was promised $7.6 billion in international funding, the Blom Stock Index went lower and lower to close at 1,171.47 on February 23. Solidere slumbered in the troughs while BLOM Bank did a bit better than its sector peers. Traders said they did not want to be quoted with comments on the whole market performance, because “nothing is happening, it is the same shit every day.” Amman SE  (1 month) Current Year High: 7,584.32  Current Year Low: 5,267.27 The Amman Stock Exchange continued a surprisingly strong show of growth to close at 6,467.63

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