Shares in Lebanese real estate market heavyweight Solidere climbed by over 14 per cent on Wednesday, hours after the rival political leaders signed in the Qatari capital Doha an accord to end the country's worst political crisis since the 1975-90 civil war eased.
Solidere's A shares had risen 14.32 per cent to US$31.05 and its B shares were up by 15 per cent to US$31.05.
It was also a good day for banks as Banque Audi GDR shares surged 9.99% to close at US$92.55 and BLOM bank GDR shares surged 7.76% to close at US$ 98.55. HOLCIM Liban a cement manufacturing company also did well. Its shares went up by 9.74% to close at US$19.90.
The total value of the traded shares on Wednesday amounted to US$16,428,237. The number of traded shares reached 798,705. According to a statement by the Beirut bourse as of Wednesday the total capitalization of the market hit some US$13.9 billion.
