Bank Audi’s Turkish subsidiary, ODEA Bank, announced its results for the year 2015. The Bank’s financial statements revealed a surge in its net profits from $121,000 in 2014 to $17.60M in 2015. This was ... read more
Following the 27% yearly drop in 2014, Lebanon’s fiscal deficit widened by 28.62% year-on-year (y-o-y) to $3.95B by the end of 2015. This was attributed to the 11.98% yearly decrease in government revenues ... read more
The BLOM Stock Index (BSI) rose 0.27% today to reach 1,172.82 points. In the real estate sector, Solidere shares class A lost 1.42% to $9.75, while the class B gained 0.31% to $9.77. In the banking sector, ... read more
During Tuesday’s trading session on the London Stock Exchange (LSE), only one out of the four listed Lebanese GDRs was traded. In details, Audi GDRs gained 1.67% after the trade of 77,000 shares worth ... read more
The BLOM Bond Index (BBI) stabilized at 103.59 points on Tuesday as demand for Lebanese Eurobonds remained steady. The yields on the 5Y and 10Y Lebanese Eurobonds remained unchanged at 6.25% and 6.77%, ... read more
At 16:35 Beirut time, the Euro was quoted at €/$ 1.1176, the equivalent of €/LBP 1,684.78, depreciating by 0.34% against the US Dollar. The dollar went up against the euro today as an official of the ... read more
During the first 2 months of 2016, real estate activity witnessed a positive performance as the total number of real estate transactions rose by 22.7% y-o-y to reach 12,335. Also, the total value of these ... read more
The BLOM Stock Index (BSI) rose 0.41% today to reach 1,169.66 points. In the real estate sector, Solidere shares class A and B added 3.56% and 2.10% to $9.89 and $9.74, respectively. In the banking sector, ... read more
During yesterday’s trading session on the London Stock Exchange (LSE), two out of the four Lebanese GDRs were traded. In details, BLOM GDRs added 0.49% after the trade of 34,442 shares worth $351,308, ... read more
The BLOM Bond Index (BBI) stabilized at 103.59 points on Monday as demand for Lebanese Eurobonds remained steady. The yields on the 5Y and 10Y Lebanese Eurobonds remained unchanged at 6.25% and 6.77%, ... read more
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