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Why Solidere shares reached an all-time high in the aftermath of Joseph Aoun’s election

While the increase can be partly linked to recent political events in the country, investors had already been flocking to Solidere shares since the onset of the 2019 economic crisis.

Why Solidere shares reached an all-time high in the aftermath of Joseph Aoun’s election

The Solidere neighborhood is one of those to benefit from an extra two hours of power from Wednesday. (Credit: P.H.B./L'Orient-Le Jour)

BEIRUT — The day after President Joesph Aoun’s election, share prices of Solidere (The Lebanese Company for the Development and Reconstruction of Beirut Central District) rallied, reaching a record high of $126 for Class A Shares, and $129.5 for...
BEIRUT — The day after President Joesph Aoun’s election, share prices of Solidere (The Lebanese Company for the Development and Reconstruction of Beirut Central District) rallied, reaching a record high of $126 for Class A Shares, and $129.5 for...