We maintain our target price for Solidere at USD 13.31 following the release of their H1 results as our previous estimates met the Read More
According to the Ministry of Finance, Lebanon’s fiscal deficit narrowed by 17.71% year-on-year (y-o-y), descending to $1.58B in the first half (H1) Read More
The Lebanese Eurobonds progressed, where the BLOM Bond Index (BBI) inched up 0.06% to 108.28 points. The 5Y Lebanese Eurobonds’ yield stabilized at 5.15%, while Read More
The BLOM Stock Index (BSI) slightly fell on Wednesday, with a minor 0.03% decrease to 1,168.86 points, following the trade of 92,758 shares worth $921,350. The Read More
Port of Beirut (PoB) revenues dropped by 2.12% year-on-year (y-o-y) to settle at $161.16M, by September 2014. Imported cars decreased by 2.71%, during the stated Read More
The Lebanese Eurobonds stumbled, where the BLOM Bond Index (BBI) slightly dropped 0.04% to 108.22 points. The 5Y Lebanese Eurobonds’ yield stabilized at 5.15%, while Read More
The BLOM Stock Index (BSI) ended Tuesday in the red, with a 0.32% decrease to 1,169.26 points, following the trade of 559,093 shares worth $1,512,809. The Read More
Shortly after the Syrian war began in 2011, thousands of refugees overwhelmed Syria’s neighboring countries that were already struggling to look out Read More
Equity Research
Flash Note – Maintaining our favorable rating on SODIC following the listing of 250 million rights issue
On 01/10/2014, the Egyptian Stock Exchange (EGX) listed and started trading SODIC’s 250 million rights at a par value of EGP 4 per share Read More
Banque Pharaon and Chiha announced, on the 4th of October, the sale of 80% of the bank’s shares to Raymond and Teddy Read More
