Demand for Lebanese Eurobonds slightly improved causing the BLOM Bond Index (BBI) to tick up by 0.02% to 102.94 points, narrowing its year-to-date loss to 4.22%. Yield on the 5Y Lebanese Eurobonds ... read more
At 15:00 Beirut time, the Euro was quoted at €/$1 .0663, the equivalent of €/LBP 1,607.45, appreciating against the US Dollar by 0.18% from Tuesday’s close. The Euro partially against the Dollar today ... read more
In its quarterly Industry Risk/Reward Index for Q1, 2016, in terms of the pharmaceutical industry, Business Monitor ranked Lebanon 3rd out of 17 in the Middle East and Africa (MEA) region. Lebanon’s ... read more
The real estate sector revealed negative performance today, for the 2nd consecutive session which caused the BLOM Stock Index (BSI) to decline by 0.28% on Tuesday to 1,121.97 points, broadening its ... read more
On the London Stock Exchange (LSE), one out of the four listed Lebanese Global Depository Receipts (GDRs) was traded on Monday. In details, 55,686 GDRs of BLOM exchanged hands at $9.59, decreasing by 0.10% ... read more
Following last week’s long awaited parliamentary session, which finally convened for the 1st time since a year, investors seemed to be more oriented towards risky assets on the expense of Lebanon’s ... read more
At 15:00 Beirut time, the Euro was quoted at €/$ 1.0664, the equivalent of €/LBP 1,607.60, depreciating against the US Dollar by 0.21% from Monday’s close. Euro seemed to continue its downward movement ... read more
The Alpha Group’s balance sheet showed that the 4.10% annual rise in the value of loans to customers to $61.12B lifted total assets by a yearly 6.19% to $199.61B by end September. The value of the Alpha ... read more
The economic outlook of MENA countries remained gloomy during the third quarter of 2015 due to low oil prices and intensifying conflicts in many parts of the region. Economies of oil-exporting countries ... read more
Following the heightening pressure on Lebanon from international entities, the Lebanese parliament finally convened last week and held its first legislative session in a year to approve several financial ... read more
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