After 5 out of the 7 traded stocks ended today’s session in the red, the BLOM Stock Index (BSI) recorded another loss of 0.26% to settle at 1,147.82 points. However, trading activity progressed with the ... read more
BLOMINVEST Bank is now publishing a monthly editorial in THE DAILY STAR newspaper that will be discussing current economic topics and exposing experts’ opinions. The latest article appeared on Wednesday ... 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
Although Solidere recorded an $87.2M loss during 2015, investors’ concerns remained contained over the week with banking stocks recovering some of their previous losses that followed 2015’s dividend ... read more
Weak oil prices and political climate continued to dictate economic performance in the MENA region during the first quarter of 2016. Despite the slight year-to-date uptick in oil prices, oil exporting ... read more
Contraction of the Lebanese private economy fastened during the fourth month of 2016 with the Purchasing Managers’ Index (PMI), sponsored by BLOMINVEST Bank and compiled by Markit, registering a ... read more
The United Arab Emirates (UAE) remained focused on its strategic goals in spite of the regional tensions. The government is trying to build a balance between its revenues and expenditures to offset the ... read more
In its most recent Pharmaceuticals and Healthcare report for Lebanon, Business Monitor International (BMI) issued a “cautiously optimistic” outlook for the market over the coming years. BMI believes that ... read more
At 15:15 Beirut time, the Euro was quoted at €/$ 1.1012, the equivalent of €/LBP 1,660.06, depreciating by 0.08% against the US Dollar. The dollar improved against the euro today, as figures released by ... read more
For the second week running, the Lebanese stock market managed to show positive weekly performance on the account of the better than expected results by Lebanese banks and despite the continuing retreat in ... read more
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