The Beirut Stock Exchange (BSE) closed in the red today, where the BLOM Stock Index (BSI) lost 0.17% to 1,185.54 points, its low for the day. The real estate sector grasped a share of 21.73% of total ... read more
Port of Beirut (PoB) revenues dropped by 2.78% year-on-year (y-o-y) to settle at $141.67M, by August 2014. Imported cars decreased by 2.06%, during the stated period, to 59,897 cars. Likewise, the number ... read more
The BLOM Stock Index (BSI) registered a weekly drop of 0.46% to reach 1,187.55 points on Friday. Average traded volume shrank by a weekly 90.03% to 68,923, with an average traded value lower by 75.19% to ... read more
During the week ending August 14 2014, broad Money M3 added by LP 119B ($79.23M), to reach LP 173,972B ($115.40B). M3 growth rate reached 7.10% year-on-year and 3.82% since year start. In contrast, M1 ... read more
05/09/2014 29/08/2014 %Change YTD Euro / LP 1,952.66 1,988.54 -1.80% Euro / Dollar 1.2953 1.3191 -1.80% NEER Index** 134.97 134.03 0.70% 4.58% Mounting demand for the dollar was experienced over the prior ... read more
A new hospital, Family Medical Center (FMC), will officially open late September in Zgharta. FMC is a 12,500 sqm center consisting of 5 floors and 120 beds and is entirely furnished by high-tech medical ... read more
We maintain our ACCUMULATE rating on TMG, revising up our target price to EGP 12.48 per share on promising outlook following robust off-plan sales, high deliveries, enhanced earnings visibility and healthy ... read more
Ernst and Young’s Hotel Benchmark Survey revealed that Beirut’s hotel occupancy rate declined by 4 percentage points (pp) year-on-year to reach 36% in July 2014, recording a six-month low. This came as a ... read more
The Lebanese Eurobonds market steadied, where the BLOM Bond Index (BBI) remained unchanged for the 3rd day at 108.55 points. The 5Y Lebanese Eurobonds’ yield lost 1 basis point (bp) to settle at 5.04%, ... read more
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