BEIRUT - Lebanese stocks slid on Monday, dragged lower by diminishing prospects for an imminent end to the country's political crisis, traders said.

The BLOM stock index fell 2.7 percent to 1,468.99 points with real estate market heavyweight Solidere's A share (SOLA.BY: Quote, Profile, Research) falling 5.2 percent to $21.91 and its B share (SOLB.BY: Quote, Profile, Research) going down 5.0 percent to $21.67.

Arab League Secretary-General Amr Moussa left Beirut on Sunday without managing to broker an end to a political crisis that has paralysed the government and left the country without a president since November.

"The Lebanese market witnessed a decrease due to an increase in the political uncertainty," said Louis Karam, a senior investment adviser with Arab Finance Corporation. -Reuters