[2] 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.
[3] 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.
The suspension was meant to last two years, but only in 1994 the government established 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.
The BSE and Bourse de Paris signed a cooperation agreement in June 1999 and the new European NSC-UNIX–Euronext system was set.