The Beirut Stock Exchange witnessed a mixture of performances, despite the BLOM Stock Index (BSI) increasing by 0.53% to 1,177.55 points, broadening its year to date gains to 0.62%. In the banking sector, ... read more
On the London Stock Exchange (LSE), only the real estate sector showed sign of activity, although with a negative performance, on Thursday, out of the four traded Lebanese Global Depository Receipts ... read more
On Thursday, demand for Lebanese Eurobonds was unchanged as the BLOM Bond Index (BBI) steadied at 107.08 points. The yields on the 5Y and 10Y Lebanese Eurobonds remained 5.34% and 6.21%, respectively. The ... read more
The Euro barely changed versus the Dollar today, as it up ticked by 0.08% to 1.0940 at 11:30 Beirut time, despite the Euro Zone date being negative yesterday, and the positive GDP from the US. Locally, ... read more
BLOM Bank released today its consolidated and unaudited financial results for the first half of 2015. Despite a weak Lebanese economy and a continuing unstable regional environment, the Bank maintained its ... read more
The BLOM Bond Index (BBI) registered a 0.15% drop over the past week to settle at 107.08 points. The BBI was outperformed by the JP Morgan Emerging Markets’ Bond Index which grew by a weekly 0.04% to ... read more
While major financial markets today are considered to be free-floating, dictated almost unconditionally by demand and supply, there exists ample evidence of monetary authorities playing primary roles in ... read more
During the week ending July 16 2015, broad Money M3 increased by LP 182B ($121.01M), to reach LP 181,763B ($120.57B) with a 4.59% yearly growth and a 2.46% y-t-d uptick. In contrast, M1 decreased by LP ... read more
BLC Bank’s unaudited financial statements revealed that net profits barely changed year-on-year (y-o-y) with profits of $23.14M in H1 2015, a very slight decrease of 0.57% from H1 2014. On the statement of ... read more
Banque BEMO recorded profits of $7.97M in H1 2015, a 33.18% surge from June 2014, according to their unaudited financial statements. This mainly came on the back of the 1.59% yearly increase in net ... read more
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