At 10:15 Beirut time, the Euro was quoted at €/$ 1.1386, the equivalent of €/LBP 1,716.44, depreciating by 0.17% against the US Dollar. The dollar gained momentum against the euro today in spite of frail ... read more
During yesterday’s trading session on the London Stock Exchange (LSE), two out of the four listed Lebanese GDRs ended in the green. In details, BLOM’s GDR shares added 0.49% to $10.30 after the trade of ... read more
Demand for long term Lebanese Eurobonds improved on Thursday as reflected by the BLOM Bond Index (BBI) which registered a reading of 103.87 points, increasing by 0.07% from its previous level. The yield on ... read more
At 2:15 Beirut time, the Euro was quoted at €/$ 1.1423, the equivalent of €/LBP 1,722.02, appreciating by 0.13% against the US Dollar. The euro went up against the dollar today ahead of the release of ... 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
During its ordinary general assembly, held on the 5th of May 2016, Bank of Beirut (BoB) decided to distribute $36M worth of dividends for the year 2015, as follows: $2/share for the holders of BoB ... read more
Bemo Bank’s board of directors invited all holders of common shares for an ordinary annual general assembly that will be held at the bank’s headquarters in Ossayli Building, Riad El Solh, on June 7, 2016 ... read more
Lebanese equities fell for the fourth straight week on banks’ dividend distributions and ahead of the municipal elections. Hence, the BLOM Stock Index ticked down by a weekly 0.23% to end the week at ... read more
During the week ending April 14, broad Money M3 increased by LP 383B ($254.12M) to reach LP 187,647B ($124.48B). M3 registered a 6.01% yearly growth and a 0.56% year-to-date uptick. In contrast, M1 ... 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
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