The Lebanese Bourse witnessed a poor performance on Monday, on the back of four out of six traded stocks ending in the red. Accordingly, the BLOM Stock Index (BSI) went down by 0.59% to 1,181.81 points, ... read more
Telecommunication activity in Lebanon kept on posting improvements in 2014. In fact, and after revealing a noticeable progress in the usage of telecommunication services, Lebanon saw an advance over the ... read more
We recommend a HOLD on Sidi Kerir’s shares with a target price of EGP 13.32, using DCF Model. Our recommendation is based on the company’s performance especially in 2014 and Q1 2015, which showed tighter ... read more
Beirut, once titled “the pearl of the Middle East”, was transformed by a 15-year war into a genuine no-man’s-land. Cities were damaged, roads were impaired, and train operations halted. Since ... read more
Ciments Blancs recorded net profit of $3.57M end of 2014 compared to $3.40M in 2013. This was partly on the back of, the annual 5.87% decrease in cost of sales to $8.82M while sales declined by 7.67% to ... read more
Demand for the dollar in the Lebanese Forex market remained stable during the week as the Lebanese pound’s peg against the dollar steadied at $/LP 1,507-1,511 with a mid-price of $/LP 1,509 on the 12th of ... read more
Lebanon’s Eurobonds market continues to follow the international investor trend of hesitance in fixed income markets for the second week running. Accordingly, the BLOM Bond Index (BBI) dropped by a weekly ... read more
The Lebanese Bourse slightly downturned to close the week, as the poor performance of the banking stocks weighed on it. Consequently, the BLOM Stock Index (BSI) went down by 0.04% to 1,188.89 points, ... read more
Demand for long-term Lebanese Eurobonds declined on Thursday as the BLOM Bond Index (BBI) lost 0.10% to 107.08 points. Yield on the 10Y Lebanese Eurobonds increased by 2 basis points (bps) to 6.08% while ... read more
The BLOM Stock Index (BSI) ended the week at 1,188.88 points, down by a weekly 0.16%. However, the Lebanese gauge fared better than its international peers, the S&P Pan Arab Composite Large-Mid-Cap ... read more
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