In January 2016, the total number of cleared checks slid by 2.46% year-on-year (y-o-y) to reach 1.01M, coupled with a 1.36% yearly decline in value to $5.77B. The number of checks denominated in Lebanese ... read more
Investors’ confidence in the economic outlook of MENA countries did not improve in the last quarter of 2015. The geo-political risks of the region that kept on aggravating and the worsening oil prices ... read more
The Lebanese Eurobonds market regained some vigour over the past week with the BLOM Bond Index (BBI) gaining a weekly 0.25% to 103.62 points. The Lebanese gauge was outpaced by the JP Morgan Emerging ... read more
For the second consecutive week, the Beirut Stock Exchange ended in the red. The BLOM Stock Index (BSI) lost a weekly 0.69% to 1,149.13 points, registering a year-to-date loss of 1.74%. Hence, market ... read more
Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market steadied over the past week as the value of the dollar stabilized at $/LP 1,513.75-1,514.25 with a mid-price of $/LP 1,514. Foreign ... read more
The Beirut Stock Exchange (BSE) witnessed a negative performance today as the BLOM Stock Index (BSI) down ticked by 0.09% to reach 1,149.13 points. In the real estate sector, Solidere shares class “A” and ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese GDRs were traded on Thursday. In details, Solidere GDRs fell by 8.12% to end the session at $9.51, following the trade of 7,369 ... read more
The Lebanese Eurobonds market witnessed a growth in demand on Thursday as the BLOM Bond Index (BBI) went up by 0.40% to 103.62 points. The yield on the 5Y Lebanese Eurobonds remained steady at 6.26%, ... read more
At 13:30 Beirut time, the Euro was quoted at €/$ 1.0983, the equivalent of €/LBP 1,655.69, appreciating by 0.24% against the US Dollar. The euro erased today some of its previous losses as traders evaluate ... read more
Lebanon’s trade deficit for the first month of 2016 stood at $1.31B, widening from the $1.09B registered in the same month last year. Total imports grew by 11.50% year-on-year (y-o-y) to $1.49B while ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here