At 12:30 Beirut time, the Euro was quoted at €/$ 1.0916, the equivalent of €/LBP 1,652.37, depreciating against the US Dollar by 0.05% from Tuesday’s close. The Euro remained relatively stable against the ... read more
In spite of lower cost burdens on Lebanese businesses, the BLOM Lebanon PMI fell from 48.1 in September to 47.1 in October, indicating a more pronounced setback in the private sector’s activity. The output ... read more
The Beirut Stock Exchange continued its negative start to the week on Tuesday as the BLOM Stock Index (BSI) ticked down by 0.07% to 1,127.87 points following the trade of 65,963 shares worth $1,418,002. In ... read more
On the London Stock Exchange (LSE), three out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on Monday. In details, 3,000 GDRs of Solidere changed hands at a quote of $9.00, ... read more
Demand for Lebanese Eurobonds stagnated during the first session of the week, which caused the BLOM Bond Index (BBI) to remain at 104.86 points, registering a year-to-date loss of 2.43%. Yields on the 5Y ... read more
At 11.30 Beirut time, the Euro was quoted at €/$ 1.0991, the equivalent of €/LBP 1,656.89, depreciating against the US Dollar by 0.20% from Monday’s close. With the latest Non-Farm Payroll (NFP) expected ... read more
The Central Bank’s (BDL) balance sheet revealed a minor monthly uptick of 0.53% in total assets to $92.11B by End-November 2015. Foreign assets, constituting 40.97% of total assets, inched down by 1.34% to ... read more
During the first session of the week, the Beirut Stock Exchange (BSE) experienced a lackluster performance. The BLOM Stock Index (BSI) declined by 0.22% on Monday to 1,128.69 points following the trade of ... read more
On the London Stock Exchange (LSE), three out of the four listed Lebanese Global Depository Receipts (GDRs) were traded last Friday. In details, 21,847 GDRs of Solidere changed hands at a quote of $9.10, ... read more
Demand for short term Lebanese Eurobonds declined during the last session of the week, offsetting the improved appetite for long term notes. This caused the BLOM Bond Index (BBI) to drop by 0.06% to ... read more
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