Beirut SE: Blom (1 month) Current Year High: 1,526.31 Current Year Low: 1,168.36 In another month tormented by bombs and battles over Lebanon, the Beirut Stock Exchange sustained life on small flame. The BSI moved from 1,230.29 points on May 31 to 1,189.18 points on June 25. Companies on the BSE used the time for revising their equity structures. Cement manufacturer Holcim Liban, saying it had excess capital, reduced its equity by over 16.5% and reduced its share volume through a 12-for-1 reverse stock split. Owners of BLC Bank, Qatar Investment Authority, announced its decision to divest of the stock after it did not realize the business growth it had aimed for in buying the Lebanese bank 18 macro-economically difficult months ago. BLC Bank had net profit of $ 3 million in the first quarter of 2007. Solidere panned out its future as hopeful parent of an internationally active affiliate,
