Positive political developments on the Lebanese front, with bills being passed and talks on filling the presidential void, boosted the Lebanese during the week. Thus, the BLOM Stock Index (BSI) inched up ... read more
The BLOM Stock Index (BSI) rose by 0.05% to 1,162.24 points on Friday following the trade of 271,784 shares, worth $2,415,552. While Solidere A shares continued to rise, adding 1.18% to $11.19 during ... read more
On the London Stock Exchange (LSE), the GDR shares of BLOM Bank and Solidere added 1.58% and 8% to end the session at $9.65 and $10.80, respectively. In terms of volume, 21,933 BLOM shares exchanged hands ... read more
The BLOM Bond Index (BBI) stabilized at 102.72 points on Thursday with the yields on the Lebanese Eurobonds maturing in five and ten years steadying at 6.50% and 6.87%, respectively. Both the 5Y yield ... read more
At 13:37 Beirut time, the Euro was quoted at €/$ 1.0588, the equivalent of €/LBP 1,596.14, depreciating against the US Dollar by 0.22%. As talks of more monetary stimulus by the European Central Bank grow ... read more
According to the 2015 edition of the World Economic Forum’s Global Gender Gap Index, Lebanon ranked 138th out of 145 countries. With this rank, Lebanon earned a score of 0.598, whereby 0 represents ... read more
BLOMINVEST downgraded their rating on EZZ Steel from HOLD to SELL with a target price of EGP 7.45, as they don’t see the recovery of the company’s operational performance in the near term, or at least ... read more
The BLOM Stock Index (BSI) rose by 0.32% on Thursday to 1,161.64 points and therefore narrowed its year-to-date loss to 0.74%. In the real estate sector, Solidere shares class “A” and “B” went up by 0.55% ... read more
On the London Stock Exchange (LSE), Solidere’s GDR shares gained 3.09% to end Tuesday’s session at $10.00 as positive political developments continue to provide the stock with an upward push. 2,000 BLOM ... read more
The BLOM Bond Index (BBI) recouped some losses and gained 0.3% to 102.72 points.The yields on the Lebanese Eurobonds maturing in 5 Years and 10 Years slid from 6.51% and 6.90% to 6.50% and 6.87%, ... read more
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