During this week’s four trading sessions, the Lebanese bourse showed disparate performance ending the week on a negative note. Hence, the BLOM Stock Index (BSI) dropped by 0.26% to settle at 1,150.51 ... read more
Demand for the Lebanese Eurobonds fell over the past week, as reflected by the BLOM Bond Index (BBI) which lost 0.17% to reach 104.06 points. The BBI was outperformed by the JP Morgan Emerging Markets’ ... read more
Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market remained unchanged over the past week as the value of the dollar steadied at $/LP 1,513.75-1,514.25 with a mid-price of $/LP 1,514. ... read more
During the week ending May 12, broad Money M3 increased by LP 184B ($122.13M) to reach LP 188,945B ($125.34B). M3 registered a 6.70% yearly growth and a 1.26% year-to-date uptick. Meanwhile, M1 regressed ... read more
The Alpha Group’s[1] total assets sustained their healthy growth in the first quarter of 2016 (Q1 2016). According to Bank Data, the Alpha Group’s total assets rose by 4.9% year-on-year to $203.49B. As ... read more
The Beirut Stock Exchange (BSE) witnessed a positive performance on Friday as the BLOM Stock Index (BSI) ticked up by 0.02% to 1,150.51 points following the trade of 101,507 shares worth $1,148,433. In the ... read more
During Thursday’s trading session on the London Stock Exchange (LSE), only one out of the four listed Lebanese GDRs was traded. In details, the GDRs of Solidere added 5.26% to $10.00 after 355 shares worth ... read more
Weak demand for medium and long-term Lebanese Eurobonds pushed down the BLOM Bond Index (BBI) on Thursday by 0.06% to 104.06 points. The yield on the Lebanese Eurobonds maturing in 5 and 10 years added ... read more
At 12:00 Beirut time, the Euro was quoted at €/$ 1.1173, the equivalent of €/LBP 1,684.33, depreciating by 0.20% against the US Dollar. Investors are awaiting Yellen’s speech this evening, as well as GDP ... read more
The board of directors of BLC Bank called on the bank’s shareholders to attend an extraordinary general assembly meeting which is to be held at the bank’s headquarters on the 3rd of June 2016 at 12:00 p.m. ... read more
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