The BLOM Stock Index (BSI) rose 0.14% today to reach 1,174.47 points. In the real estate sector, Solidere shares class A and B gained 0.21% and 0.31% to $9.77 and $9.80, respectively. In the banking ... read more
During Wednesday’s trading session on the London Stock Exchange (LSE), two out of the four Lebanese GDRs was traded. In details, BLOM GDRs gained 2.94% yesterday after the trade of 5,743 shares worth ... read more
Demand for short-term and long-term Lebanese Eurobonds progressed on Wednesday, pushing up the BLOM Bond Index (BBI) by 0.41% to 103.63 points. Yields on the 5Y and 10Y Lebanese Eurobonds remained ... read more
At 15:00 Beirut time, the Euro was quoted at €/$ 1.1155, the equivalent of €/LBP 1,681.62, depreciating by 0.24% against the US Dollar. The dollar went up against the European currency as a possible ... read more
Lebanon’s trade deficit for the first two months of 2016 stood at $2.46B, widening from the $2.17B registered by February 2015. Total imports grew by 7.93% year-on-year (y-o-y) to $2.87B, while exports ... read more
Bank Audi’s Turkish subsidiary, ODEA Bank, announced its results for the year 2015. The Bank’s financial statements revealed a surge in its net profits from $121,000 in 2014 to $17.60M in 2015. This was ... read more
Following the 27% yearly drop in 2014, Lebanon’s fiscal deficit widened by 28.62% year-on-year (y-o-y) to $3.95B by the end of 2015. This was attributed to the 11.98% yearly decrease in government revenues ... read more
The year 2015 proved to be another challenging year for Lebanon. The private and public sectors, for which Lebanese banks are the main financiers, had a tough run. According to the BLOM Lebanon PMI, the ... read more
The BLOM Stock Index (BSI) rose 0.27% today to reach 1,172.82 points. In the real estate sector, Solidere shares class A lost 1.42% to $9.75, while the class B gained 0.31% to $9.77. In the banking sector, ... read more
During Tuesday’s trading session on the London Stock Exchange (LSE), only one out of the four listed Lebanese GDRs was traded. In details, Audi GDRs gained 1.67% after the trade of 77,000 shares worth ... read more
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