Demand for the dollar in the Lebanese Forex market steadied during the week as the Lebanese pound’s peg against the dollar stabilized at $/LP 1,503–1,507 with a mid-price of $/LP 1,505. Foreign assets ... read more
The Beirut Stock Exchange (BSE) revealed a lackluster performance through an illiquid week during this ongoing summer season, with the BLOM Stock Index (BSI) dropping 0.45% to 1,177.55 points. The average ... read more
Banking stocks fared better than real estate shares today on the Beirut Stock Exchange and lifted the BLOM Stock Index (BSI) by 0.41% to 1,171.35 points. The GDR shares of BLOM and Audi rose by 0.20% and ... read more
On the London Stock Exchange (LSE), high activity was noted on Lebanese Global Depository Receipts (GDRs) on Wednesday. In details, BLOM GDRs remained at $10.00 after 173,205 shares were traded. In ... read more
The Euro weakened versus the Dollar today, as it depreciated by 0.14% to 1.0969 at 11:30 Beirut time, after the US Federal Reserve left its key interest rate unchanged, although the overall tone of the ... read more
On Wednesday, demand for short and long term Lebanese Eurobonds slightly improved which was offset by the fall in demand for medium term ones. Consequently, the BLOM Bond Index (BBI) barely ticked up by ... read more
The value of cleared checks fell 7.76% during H1 of this year, which might be due to lower business spending, and the fact that people are possibly substituting payments via checks with various payment ... read more
The Lebanese Bourse experienced a lackluster performance as 6 out of the 8 traded stocks ended in the red. The BLOM Stock Index (BSI) slipped by 0.96% to 1,166.52 points, thereby registering its lowest ... read more
On the London Stock Exchange (LSE), three out of four Lebanese Global Depository Receipts (GDRs) witnessed activity on Tuesday. In details, BLOM GDRs gained 1.01% to $10.00 as 9,378 shares were traded ... read more
Supply and Demand matched on the Lebanese Eurobonds market on Tuesday, for the 3rd consecutive session, as the BLOM Bond Index (BBI) remained at 107.08 points. The yields on both the 5Y and 10Y Lebanese ... read more
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