Demand for Lebanese Eurobonds barely changed to start the week as uncertainty regarding the Lebanese political outlook is keeping investors on edge. Accordingly, the BLOM Bond Index (BBI) steadied at ... read more
The political dialogue taking place today negatively impacted the real estate sector, which was also translated to the Lebanese Bourse today. Accordingly, the BLOM Stock Index (BSI) declined by 0.24% to ... read more
On the London Stock Exchange (LSE), three out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on Friday, albeit none experienced a change in its price. In details, GDRs of BLOM ... read more
At 11:30 Beirut time, the Euro was quoted at $/€ 1.1197, the equivalent of €/LBP 1,687.95, appreciating against the US Dollar by 0.10% from Monday’s close. Despite today’s appreciation of the Euro, the ... read more
According to Ernst & Young Middle East hotel benchmark survey, amongst the MENA countries Lebanon’s occupancy rate stood 4th at 56% by August, ahead of Egypt, Bahrain, Jordan and Kuwait, while losing ... read more
The Lebanese Bourse saw improving trading activity on Monday as 4 out of 7 traded stocks ended the session in the green. Despite that, the BLOM Stock Index (BSI) declined by 0.54% today to 1,143.85 points ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on Friday. In details, GDRs of BLOM remained at their previous quote of $9.70, noting ... read more
The postponed of interest rates’ hike on the US front coupled with continuous problems on the Lebanese political scene seemed to have weighed in favor of the Lebanese fixed income market. Accordingly, the ... read more
At 11:30 Beirut time, the Euro was quoted at $/€ 1.1283, the equivalent of €/LBP 1,700.91, depreciating against the US Dollar by 0.19% from Friday’s close. The Dollar was mainly boosted by the Federal Open ... read more
According to the Central Administration of Statistics (CAS), the consumer price index (CPI) recorded a 4.60% yearly fall to 96.37 by August compared, to last year’s 101.01. This deflationary pressure was ... read more
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