At 12:30 Beirut time, the Euro was quoted at €/$ 1.0637, the equivalent of €/LBP 1,603.53, depreciating against the US Dollar by 0.63% from Friday’s close. The euro continues to fall against the dollar on ... read more
According to the Central Administration of Statistics (CAS), consumer prices in Lebanon fell by 4.08% in October since the Consumer Price Index (CPI) declined from 100.97 in October 2014 to 96.84 in ... read more
The Lebanese economy is a “credit economy” where the function of financial intermediation takes center stage. Up to July 2015, the totality of loans granted in the financial sector constituted 110% of GDP. ... read more
Lebanese Forex Market: Demand for the dollar on the Lebanese forex market increased this as the exchange rate rose from last week’s quote of $/LP 1,510.5-1,514.5 with a mid-price of $/LP 1,512.5 to $/LP ... read more
As 3 out of the 6 traded stocks on the Lebanese Bourse ended in the green, the BLOM Stock Index (BSI) increased by 0.28% on Friday to 1,133.72 points, narrowing its year-to-date losses to 3.12%. In the ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on Thursday. In details, 241,120 GDRs of BLOM exchanged hands at their previous quote ... read more
Disparate demand was witnessed on the Lebanese Eurobonds market on Thursday which caused the BLOM Bond Index (BBI) to remain relatively stable, as it marginally slipped by 0.01% to 102.66 points. Yields on ... read more
At 12:30 Beirut time, the Euro was quoted at €/$ 1.0704, the equivalent of €/LBP 1,613.63, depreciating against the US Dollar by 0.29% from Thursday’s close. The Euro lost against the Dollar today as the ... read more
The number of real estate transactions (local and foreign transactions) stood at 51,096 in the first 10 months of the year, with an 11.52% yearly decline from 57,751 during the same period last year. Their ... read more
The Lebanese Bourse was not able to sustain last week’s improvement, as shown by the BLOM Stock Index (BSI) which declined by 0.88% to end the week at 1,133.72 points. The average traded volume went down, ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here