On the London Stock Exchange (LSE), 383,683 Solidere GDR shares worth $4.45M were traded on Friday. Solidere’s shares ended the session with a 10.48% gain to reach a price of $11.60 per share. Similarly, ... read more
The BLOM Bond Index (BBI) added 0.28% to 103.35 points on Friday on account of higher demand for medium and long term Lebanese Eurobonds. Yields on the 5Y and 10Y Lebanese Eurobonds dropped by 11 basis ... read more
At 14:53 Beirut time, the Euro was quoted at €/$ 1.0808, the equivalent of €/LBP 1,629.31, depreciating against the US Dollar by 0.70%. The dollar is getting stronger against the euro as the market is ... read more
Activity at the Rafic Hariri International Airport (RHIA) progressed during the first 11 months of 2015, where the total number of passengers increased by 10.5% year-on-year (y-o-y) to 6.62M. The number of ... read more
The economic backdrop of the country has been weakened by regional tumults as well as by local political and security instabilities since 2011. Key sectors of the economy such as construction, real estate ... read more
Lebanese Forex Market: Demand for the Lebanese Pound steadied this week as the exchange rate remained in the same range of $/LP 1,510.5-1,514.5 with a mid-price of $/LP 1,512.5. Foreign assets (excluding ... read more
The newly released statement of income by Bank Audi’s Egyptian subsidiary revealed a 40% yearly surge in net profit from $42.84M for the period ended September 2014 to $59.87M for the period ending ... read more
During the week ending November 12, 2015, broad Money M3 decreased by LP 274B ($182M) to reach LP 183,813B ($121.93B). M3 registered a 4.93% yearly growth and a 3.62% year-to-date growth. Similarly, M1 ... read more
26/11/2015 19/11/2015 Change Year to Date BLOM Bond Index (BBI)* 102.660 102.720 -0.06% -3.22% Weighted Yield** 6.38% 6.37% 1 Weighted Spread*** 467 468 -1 Demand for Lebanese ... read more
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