BLOM shares’ decline due to the ex-dividend date on Monday April 18, weighed negatively on the BSE, with the BLOM Stock Index ending the week at 1,160.63 points, tightening by 1.06% during the week. ... 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 Thursday’s trading session on the London Stock Exchange (LSE), two out of the four Lebanese GDRs were traded. In details, BLOM’s GDR shares added 0.48% to settle at $10.40 after the trade of 7,334 ... read more
The BLOM Bond Index (BBI) lost a marginal 0.01% to 103.59 points on Thursday as demand for long term maturities on Lebanese Eurobonds slightly dropped. The yield on the 5Y Lebanese Eurobonds lost 1 basis ... read more
At 11:30 Beirut time, the Euro was quoted at €/$ 1.1276, the equivalent of €/LBP 1,699.86, depreciating by 0.12% since the day before against the US Dollar. The European currency fell against the dollar as ... read more
During the week ending April 7, broad Money M3 decreased by LP 546B ($362.33M) to reach LP 187,264B ($124.22B). M3 registered a 5.68% yearly growth and a 0.36% year-to-date uptick. Similarly, M1 declined ... read more
Egypt inaugurated 2016 with a bunch of new economic decisions and international deals topped by the Central Bank of Egypt’s (CBE) new monetary measures. As a matter of fact, the lack of net foreign ... read more
On the Beirut Stock Exchange (BSE), a negative performance was observed today as the BLOM Stock Index (BSI) down ticked 0.04% to 1,161.23 points. In the real estate sector, Solidere shares class “A” lost ... read more
During Wednesday’s trading session on the London Stock Exchange (LSE), two out of the four Lebanese GDRs were traded. In details, BLOM’s GDR shares lost 6.33% to settle at $10.35 after the trade of 9,484 ... read more
The BLOM Bond Index (BBI) added a marginal 0.01% to 103.60 points on Wednesday as increasing demand for long term maturities offset the weakening demand for medium term Eurobonds. The yield on the 5Y ... read more
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