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MENAFN - Kuwait News Agency (KUNA) - 07/10/2012

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(MENAFN - Kuwait News Agency (KUNA)) Performance of Beirut Stock Exchange (BSE) dropped over the past months due to diverse factors such as internal political divisions and Syria's events.

According to information provided by BSE, trading was generally very weak, during the past two years, due to withdrawal of investors from the local market in shadow of the global financial crisis.

Trading in the first three quarters of 2011 was very low, with the figures showing that the traded stocks amounted to 63.8 million, compared to 43.5 million of the same period of the current year, with a fall of 32 percent. Value of trades fell from USD 445.3 million to USD 333.3 million, falling by 25 percent.

Capital market dropped from USD 10.646 billion to USD 10.15 billion, according to the BSE figures.

 






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