On the London Stock Exchange (LSE), three out of the four listed Lebanese Global Depository Receipts (GDRs) traded on Monday. In details, GDRs of BLOM lost 2.49% to settle at $9.80 as 279,304 shares were ... read more
Demand on Lebanese Eurobonds weakened significantly on Monday for the 5th consecutive session, as its becoming more apparent that the shaky political situation is taking its toll on the Eurobonds market. ... read more
At 15:30 Beirut time, the Euro was quoted at $/€ 1.1470, the equivalent of €/LBP 1,729.10, falling by 1.29% from Monday’s close. The selloff of Chinese equities and the better than expected German IFO ... read more
According to Ernst & Young Middle East hotel benchmark survey, Lebanon recorded the second largest year-on-year (y-o-y) improvement in its occupancy rate by July, after Egypt. This is in parallel with ... read more
With most of MENA countries fainting under the strains of terrorism and violence, the frail levels of oil prices remained a double-edged sword during the second quarter of 2015. While oil-exporting ... read more
The negative performance of real estate sector triggered down the Lebanese Bourse during the 1st session of the week. The BLOM Stock Index (BSI) fell by 0.13% to 1,167.39 points, widening its ... read more
The Syrian regime continued to suffer losses in the second quarter of 2015 (Q2 2015). In April, opposition groups captured the Nasib border crossing, which used to be the only functioning crossing between ... read more
On the London Stock Exchange (LSE), one out of the four listed Lebanese Global Depository Receipts (GDRs) traded on Friday. In details, GDRs of BLOM lost 0.50% to settle at $10.05 as 30,112 shares were ... read more
Demand on the Lebanese Eurobonds market declined on Friday for the 4th consecutive session possibly due to the heightening local disturbances on the political front. Accordingly, the BLOM Bond Index (BBI) ... read more
At 11:30 Beirut time, the Euro was quoted at $/€ 1.1468, the equivalent of €/LBP 1,728.80, rising by 0.15% from Friday’s close. In general news, the continued uncertainty in the US front coupled with the ... read more
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