Market retreats after Nasrallah's interview
The Beirut Stock Exchange did not like what it heard from Hezbollah leader Sayyed Hassan Nasrallah during his last nights interview on NBN TV . His defiance sent the share prices down. Shares of Solidere ( the largest real estate company in Lebanon ) went down. Obviously the real estate boom that Michel Hayek has predicted will have to wait till there is a light at the end of the tunnel. The market only saw darkness after Nasrallahs speech .
Posted by: Fred 2008-01-04 |