Demand for the dollar in the Lebanese Forex market steadied during the week as the Lebanese pound’s peg against the dollar stabilized at $/LP 1,503–1,507 with a mid-price of $/LP 1,505. Foreign assets ... read more
Banking stocks fared better than real estate shares today on the Beirut Stock Exchange and lifted the BLOM Stock Index (BSI) by 0.41% to 1,171.35 points. The GDR shares of BLOM and Audi rose by 0.20% and ... read more
The value of cleared checks fell 7.76% during H1 of this year, which might be due to lower business spending, and the fact that people are possibly substituting payments via checks with various payment ... read more
In July 2015, the International Monetary Fund (IMF) released its Article IV consultation for Lebanon in which it discusses the current context, highlights challenges and priorities and, issues ... read more
The Beirut Stock Exchange (BSE) witnessed a pre-holiday boost this past week mainly on account of the strong performance in real estate shares Solidere A and B after the company announced earlier this week ... read more
During its annual ordinary general assembly held on July 13th, 2015, Solidere declared the distribution of cash-dividends and stock-dividends, which, combined, are equivalent to a distribution of ... read more
Demand for Lebanese Eurobonds slid over the past week as shown by the 0.11% decrease in the BLOM Bond Index (BBI) to 107.08 points. However, Lebanon’s BBI still managed to outperform the JP Morgan Emerging ... read more
Wednesday’s trades on the Beirut Stock Exchange occurred on lower volumes with a mixed performance in the real estate sector and a positive performance in the banking and industrial sectors. Accordingly, ... read more
Lower demand for medium and long term Lebanese Eurobonds pulled the BLOM Bond Index (BBI) down from 107.18 points to 107.07 on Tuesday. The yield on the 5 Year and 10 Year Lebanese Eurobonds both rose from ... read more
According to Lebanese customs, Lebanon’s trade deficit shrunk by a yearly 21% to reach $5.83B by May 2015. The smaller deficit came about as both imports and exports posted yearly declines of 19% and 8% to ... read more
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