The Beirut Stock Exchange (BSE) started the week on a positive note, with the BLOM Stock Index (BSI) increasing by 0.45% to 1,167.50 points following the trade of 75,459 shares worth $678,296. In the real ... read more
On the London Stock Exchange (LSE), the GDR shares of Solidere gained 0.93% to $10.90, with 600 shares being traded with a value of $6,540, on Friday. 12,013 BLOM GDRs worth $114,724 were traded, during ... read more
At 12:00 Beirut time, the Euro was quoted at €/$ 1.0578, the equivalent of €/LBP 1,594.63, depreciating against the US Dollar by 0.15%. The euro continued its fall against the dollar, ahead of the European ... read more
Demand for Lebanese Eurobonds saw a decline on Friday, as shown by the BLOM Bond Index (BBI) that lost 0.29% to 102.43 points. The yield on the 5Y Lebanese Eurobonds lost 2 basis points (bps) to 6.48%, ... read more
Fiscal deficit, for the first three quarters of 2015, broadened 17.38% year-on-year (y-o-y) to $2.61B. This was attributed to the 8.61% yearly decrease in revenues outpacing the 2.91% annual decline in ... 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
Most countries are moving financial inclusion up their reform agendas, with around 60 governments setting financial inclusion as a formal target. This year’s post-2015 Development Agenda directly puts ... read more
Lebanese Forex Market: Demand for the Lebanese Pound on the Lebanese forex market increased this week as the exchange rate went down from last week’s quote of $/LP 1,511.5-1,515.5 with a mid-price of $/LP ... read more
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