Английская Википедия:Beirut Stock Exchange

Материал из Онлайн справочника
Перейти к навигацииПерейти к поиску

Шаблон:Short description Шаблон:Infobox Exchange

The Beirut Stock Exchange (BSE, Arabic: بورصة بيروت) is the principal and only stock exchange of Lebanon. Located in Beirut, it is a public institution run by a committee including a chairman, a vice-chairman and eight members appointed via a decree issued by the Council of Ministers, in accordance with a proposal by the Minister of Finance. All BSE members are Lebanese Joint stock companies (SAL) with a capital above £L500,000 and registered at the secretariat of the Commercial Register in. Members include holding companies and offshore companies. The BSE authorizes Brokerage firms the operation and trade in securities listed on the BSE according to the Bourse trading system and also lists the issuing companies (called "Listed companies") that have any of their stocks or other financial instruments listed.[1]

History

Beirut Stock Exchange, the second oldest market in the region, was established in 1920 by a decree of the French commissioner. Trading at that time was concentrated on gold and currency transactions, however in the 1930s there was an inflow of French, Syrian and local Lebanese investment which made it possible for the BSE to flourish, especially with the establishment of mixed Lebanese-French joint stock companies that were quoted simultaneously on the Paris and Beirut Stock Exchanges.[2] The activity in the 1950s and 1960s increased with the enlisting of various banking, industrial and services companies along with an amount of 50 listed bonds.

During the Lebanese Civil War trading activity halted in 1983. After 11 years a new administrating committee (in collaboration with the Bourse de Paris) re-launched the BSE with a new internal bylaw, re-structured and streamlined mechanisms and trading systems. A new automated brokers system was introduced, based on the fixing price instead of the traditional OTC voice brokers. On November 22, 1996, the BSE officially re-launched the trading activity in its hall. The BSE and Bourse de Paris signed a cooperation agreement in June 1999 and the new European NSC-UNIXEuronext system was set. In 2000, new forms of securities were listed such as GDR (Global Depository Receipt), investment funds shares, preferred stocks, priority shares and any other tradable derivatives. In late 2006, the BSE launched a new Remote Trading System, allowing the brokers to trade with the securities listed on the BSE "remotely" from their own offices.[3] I

Hours

The exchange has pre-trading sessions from 09:00am to 09:30am and normal trading sessions from 09:30am to 12.30pm on all days of the week except Saturdays, Sundays and holidays declared by the Exchange in advance.[4]

List

The following companies are listed on the BSE:[5]

Companies listed on the BSE
Sector Issuer Class Number of Listed Shares Type
Real estate Solidere A 100,000,000 Common
B 65,000,000 Common
Banking Bank Audi   588,538,215 Common
  119,639,761 GDR
H 750,000 Preferred
I 2,500,000 Preferred
J 2,750,000 Preferred
BLC Bank   71,033,333 Common
D 750,000 Preferred
E 263,510 Preferred
Bank of Beirut   20,796,417 Common
  4,762,000 Priority
H 5,400,000 Preferred
I 5,000,000 Preferred
J 3,000,000 Preferred
K 4,000,000 Preferred
Byblos Bank   565,515,040 Common
  1,309,078 GDR
08 2,000,000 Preferred
09 2,000,000 Preferred
Banque Bemo   51,400,000 Common
2013 350,000 Preferred
BLOM Bank   215,000,000 Common
  73,896,010 GDR
Trading Rasamny Younis Motor Co. B 10,920,000 Common
Manufacturing Holcim Liban Nominal 19,516,040 Common
S. L. des Ciments Blancs Nominal 9,000,000 Common

See also

References

Шаблон:Reflist

External links

Шаблон:Lebanon topics Шаблон:World Federation of Exchanges