To support economic growth and price stability, monetary policy has remained highly accommodative during 2014. The central bank kept the interest rates stable as witnessed by T-bills rates, maintained the ... read more
As we expected last week, the banks’ positive earnings for the fourth quarter of 2014 continued to uplift the Lebanese stock market. The Beirut Stock Exchange (BSE) registered a solid performance across ... read more
Investors’ demand for Lebanese Eurobonds relaxed during the week as regional security concerns faded. Consequently, the BLOM Bond Index (BBI) edged down a weekly 0.14% to 106.88 points mainly on regressing ... read more
Levant Investment Bank (Libank), a fully chartered investment and private bank regulated by the Central Bank of Lebanon, is going to launch a $25M mutual fund in April. The LIBANK Global Balanced Fund will ... read more
By the end of October 2014 the fiscal outlook looked positive as the public deficit narrowed by 30.71% year on year (y-o-y) to $2.44B. This progress was due to an increase of the total revenues by 11.48% ... read more
Demand for the dollar strengthened over the week, as reflected by the Lebanese pound’s peg against the dollar that went from $/LP 1,508-1,512 with a mid-price of $/LP 1,510 to $/LP 1,509-1,513 with a ... read more
During the week ending January 29, 2015, broad Money M3 decreased by LP 145B ($95.86M), to reach LP 176,106B ($116.82B) with a 5.29% year-on-year growth. In contrast, M1 gained LP 45B ($30.13M) due to the ... read more
The Port of Beirut’s revenues shrank by 13.45% year-on-year in January 2015 to settle at $16.01M. Activity on Lebanon’s main port began the year poorly with a decrease in total container activity ... read more
The BLOM Bond Index remained relatively unchanged recording a 0.01% downtick to 106.89 points. The 5Y Eurobonds’ yield slipped slightly from 5.27% to 5.26%, while the 10Y yield remained constant at 6.20%. ... read more
The Beirut Stock Exchange (BSE) witnessed a progress on Thursday as the BLOM Stock Index (BSI) increased by 0.63% to end the session at 1,195.18. In the real estate sector, both Solidere “A” and “B” shares ... 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