The daily average value of shares traded on the Beirut Stock Exchange (BSE) dropped 21 percent in 2017 to $3.15 million compared with the previous year, according to data provided by Blominvest Bank and the BSE.
The decline was mainly driven by an exceptional deal on the common shares of BLOM Bank on March 1, 2016 resulting from the liquidation of AZA Holding which owned shares in the bank. The transaction, valued at $192.6 million, involved the transfer of the ownership of nearly 20.1 mi...
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The decline was mainly driven by an exceptional deal on the common shares of BLOM Bank on March 1, 2016 resulting from the liquidation of AZA Holding which owned shares in the bank. The transaction, valued at $192.6 million, involved the transfer of the ownership of nearly 20.1 mi...
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