by Executive Contributor

What some analysts camouflaged as “the events in North Lebanon” in the last third of May wiped out modest gains, which the BLOM index had made in the first part of the month. But owing to its resilience and apparent long breath of many investors, the index closed at 1,223.01 points on May 24, within half a point of its close on April 30. The mid-month top mark was 1,248.81 points on May 17. Solidere accounted for the bulk of trading volume in the nervous fourth week of the month but held its ground, all things considered. Main banking stocks Audi and BLOM also fared respectably, with Audi trading above $63 and BLOM at $70 and higher throughout the month. Byblos Bank confirmed that it bought 6.6% of Jordan Ahli Bank. Beirut SE: Blom  (1 month) Current Year High: 1,550.85         Current Year Low: 1,168.36 The Amman Stock Exchange trailed its

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