The Lebanese Eurobonds market weakened, where the BLOM Bond Index (BBI) lost 0.03% to 108.47 points. The 5Y Lebanese Eurobonds’ yield added 1 basis point (bp) to settle at 5.03%, while that of the 10Y lost ... read more
Rafic Hariri International Airport (RHIA) activity improved during the first 8 months of 2014, as the total number of passengers added 2.24% year-on-year (y-o-y) to 4.38M. After some GCC countries lifted ... read more
The Beirut Stock Exchange (BSE) declined for the second day, where the BLOM Stock Index (BSI) lost 0.05% to settle at 1,186.19 points. The real estate sector grasped a share of 49.01% of total traded ... read more
We maintain our HOLD rating on Yamama with a higher target price of SAR 63.18 per share on positive reform in the Saudi equity market. Yamama’s shares price tracked the uptrend in the Saudi stock market, ... read more
With the beginning of 2014, activity in the Lebanese real estate market got little breathing space despite the escalating challenges that were undergoing in Lebanon and the region. Investors revealed ... read more
More than a year after its creation, BLOM Lebanon Purchasing Manager’s Index TM (PMI) is still providing relevant early insights about the private sector’s monthly performance, hence the Lebanese economic ... read more
Following the security breaks in the second half of June, the Lebanese private economy contracted at a faster pace as companies’ output and new orders declined. BLOM PMI thus scored 47.9 points in July, ... read more
As stated in the latest released figures by the Association of Car Importers in Lebanon (AIA), by the end of the fifth month of 2014 a rise in the registration of new passenger and commercial cars by 2.13% ... read more
In an era of unprecedented technology evolution, mobile technologies are gaining the spotlight. Shopping at ease, getting medical assistance, settling bank bills, streaming a movie or receiving breaking ... read more
We lower our target price on Holcim Liban (HL) to USD 15.10 from USD 15.21 previously, maintaining a HOLD recommendation. HL appears to be undervalued with a price-to-earnings ratio of 13.62 compared to ... read more
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