At 16:35 Beirut time, the Euro was quoted at €/$ 1.0991, the equivalent of €/LBP 1,656.89, appreciating against the US Dollar by 0.04%. The Euro improved vs the Dollar mainly due to the latest economic ... read more
According to the Association of Lebanese Car Importers, the number of newly registered commercial and passenger cars during the first 11 months of 2015 increased by 3.79% year-on-year (y-o-y) to 38,037 ... read more
The Beirut Stock Exchange regressed this week following two weeks of positive movement, as the real estate sector illustrated a lackluster performance. The BLOM Stock Index (BSI) declined by 1.40% to end ... read more
With the expected positive developments during the past week, the BLOM Bond Index (BBI) went up by 0.79% to 103.88 points, outperforming the JP Morgan Emerging Markets’ Bond Index that lost 0.09% to 675.67 ... read more
The positive performance of both banking and real estate stocks lifted the BLOM Stock Index on Friday by 0.62% to 1,156 points. Solidere A and B shares rose by 3.67% and 1.57% to $10.46 and $10.34, ... read more
The 0.12% increase in the BLOM Bond Index (BBI) to 103.88 points to stronger demand for Lebanese Eurobonds. The yields on the 5Y Lebanese Eurobonds declined by 5 basis points (bps) to 6.15% while the 10Y ... read more
At 16:07 Beirut time, the Euro was quoted at €/$ 1.0968, the equivalent of €/LBP 1,653.43, appreciating against the US Dollar by 0.26%. Investors are slowly abandoning the idea of the euro reaching parity ... read more
Total consolidated assets of commercial banks hit $182.27B by October, a 3.74% growth since year start, and an expansion of 6.42% year-on-year (y-o-y). In terms of assets, total reserves, with a weight of ... read more
The number and value of guarantees given by Kafalat declined by 22.49% and 17.73% in the first 11 months of 2015 to 796 worth $84.97M, respectively, compared to 796 guarantees worth $103.28M by November ... read more
During the week ending November 26, 2015, broad Money M3 increased by LP 292B ($193.90M) to reach LP 184,172B ($122.17B). M3 registered a 4.95% yearly growth and a 3.82% year-to-date growth. Similarly, M1 ... read more
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