Tourist spending in Lebanon grew 5% y-o-y in the first eight months of 2015, according to “Global Blue”. The improvement of tourists’ spending in the first three quarters of the year came from the ... read more
Following the political dialogue that took place yesterday, the Beirut Stock Exchange witnessed disparate performance and ended the session with a marginal improvement. In fact, and ahead of today’s ... read more
On the London Stock Exchange (LSE), two of the four listed Lebanese Global Depository Receipts (GDRs) traded on Wednesday, with a combined trading volume of 8,928 GDRs worth $87,323. 4,892 GDRs of BLOM ... read more
Despite a slightly improving activity on the Lebanese Eurobonds market, demand for sovereign debt denominated in foreign currency dwindled on Wednesday. Accordingly, BLOM Bond Index (BBI), declined by ... read more
At 11:30 Beirut time, the Euro was quoted at $/€ 1.1293, the equivalent of €/LBP 1,702.42, appreciating against the US Dollar by 0.49% from Wednesday’s close. Despite a 5.2% drop in German exports in ... read more
Lebanon’s Balance of payments (BoP) deficit reached $1.65B by August 2015, almost four times higher than the $432.9M recorded a year earlier. In fact, the deficit level was the worst since 2012 and was ... read more
The second session of political dialogue that took place this week failed to support the Beirut Stock Exchange today. Thus, the BLOM Stock Index (BSI) reversed yesterday’s progress and slid by 0.29% to ... read more
On the London Stock Exchange (LSE), BLOM GDRs were the only listed Lebanese Global Depository Receipts (GDRs) to trade on Tuesday. In fact, 110,539 GDRs of BLOM were traded at their previous quote of ... read more
Price of Lebanese Eurobonds witnessed no change for the second session running on Tuesday, as illustrated by the BLOM Bond Index (BBI), which remained at 104.84 points, recording a year-to-date loss of ... read more
At 15:30 Beirut time, the Euro was quoted at $/€ 1.1241, the equivalent of €/LBP 1,694.58, depreciating against the US Dollar by 0.24% from Tuesday’s close. Despite waiting for a decisive action from the ... read more
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