VOL. XLIII

No. 30

24-July-2000

LEBANON

As Banking Shares Trade Flat Across The Board

On 14 July the Bank of Beiruts share price closed unchanged from the previous week at $7.563, seemingly uninfluenced by the slight increase in net profit. BLOMs share price also remained unchanged at $22.50 for the same period. For the week of 7-14 July only two banks posted modest changes. The global depository receipt for Banque Lebanaise pour le Commerce (BLC) closed up 0.33% at $7.563 on 14 July, while Banque...