At 16:00 Beirut time, the Euro was quoted at €/$ 1.0908, the equivalent of €/LBP 1,644.38, appreciating against the US Dollar by 0.32%. The euro seemed to have illustrated some gains vs the Dollar, mainly ... read more
According to Midclear, Societe Generale de Banque au Liban S.A.L. (SGBL) fully redeemed the 10,000 preferred shares class 2010 on January 12, 2015 after full payments were made to their shareholders. The ... read more
According to the Central Bank, the deficit of Lebanon’s Balance of Payments widened from $1.29B by November 2014 to $2.98B by November 2015. The wider deficit came about as the Net Foreign Assets of ... read more
The Beirut Stock Exchange revealed a positive performance on Monday, as the real estate sector illustrated some healthy gains. Accordingly, the BLOM Stock Index (BSI) increased by 0.67% to 1,155.37 points, ... read more
On the London Stock Exchange (LSE), three out of the four listed Lebanese Global Depository Receipts (GDRs) traded on Friday. 41,877 GDRs of BLOM exchanged hands at their previous quote of $9.66 with a ... read more
The overall appetite for Lebanese Eurobonds waned on Friday, with the heaviest declines registered for short and medium term maturities. Accordingly, the BLOM BOND INDEX (BBI) went down by 0.407% to ... read more
At 15:30 Beirut time, the Euro was quoted at €/$ 1.0885, the equivalent of €/LBP 1,640.91, depreciating against the US Dollar by 0.38%. The Euro illustrated some losses against the Dollar today, mainly on ... read more
The number of construction permits saw a 10.60% year-on-year (y-o-y) drop to reach 13,727 by November 2015, compared to a higher level of 15,355 during the same period last year. In the same context, the ... read more
Demand for Lebanese Eurobonds regressed through the first week of 2016, illustrated by the BLOM Bond Index (BBI) decreasing by 0.26% to 103.84 points. Furthermore, the Lebanese Eurobond Market fared worse ... read more
Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market increased over the first week of 2016, illustrated by Lebanese Pound up ticking from a quote of $/LP 1,510-1,514 with a mid-price ... read more
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