At 11:15 Beirut time, the Euro was quoted at €/$ 1.1195, the equivalent of €/LBP 1,686.89, depreciating by 0.47% against the US Dollar. The euro dropped against the dollar today mainly due to the terrorist ... read more
The board of Directors of BLOM Bank S.A.L convened on March 18th, 2016 and recommended to the General Assembly. The General Assembly will be held on the 14th of April, 2016 at 10:00 am in Beirut, Lebanon ... read more
Consumer prices maintained the downward trend during the first two months of 2016 as imported deflationary pressures are still weighing on the prices of Lebanese goods and services since 2015. In this ... read more
During Friday’s trading session on the London Stock Exchange (LSE), two out of the four Lebanese GDRs were traded. In details, Audi GDRs gained 2.31% to end the session at $6.20 following the trade of ... read more
The BLOM Bond Index (BBI) increased by 0.03% to 103.59 points on Friday as demand for medium and long term Lebanese Eurobonds improved. The yields on the 5Y and 10Y Lebanese Eurobonds dropped by 1 basis ... read more
At 11:15 Beirut time, the Euro was quoted at €/$ 1.1250, the equivalent of €/LBP 1,695.94, depreciating by 0.18% against the US Dollar. Peter Praet’s statement on Friday kept on triggering down the euro ... read more
The number of industrial permits reached 339 in the second half of 2015 (H2 2015), compared to 320 for the same period in 2014. The highest number of permits, 74, was recorded during the month of August ... read more
During the week ending on March 3rd, broad Money M3 grew by LP 353B ($234.02M) to reach LP 186,300B ($123.58B). M3 registered a 5.07% yearly growth and a 0.16% year-to-date downtick. Similarly, M1 ... read more
The Lebanese Eurobonds improved over the past week with the BLOM Bond Index (BBI) adding 0.07% to 103.55 points. Nevertheless, the Lebanese gauge could not outperform the JP Morgan Emerging Markets’ Bond ... read more
The BLOM Stock Index (BSI) ended the last session of the week with a 0.17% decrease to reach 1,157.74 points. In the real estate sector, Solidere shares class A and B dropped by 0.83% and 3.16% to close at ... read more
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