Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market stagnated over the 2-week festive period, illustrated by Lebanese Pound steadying at a quote of $/LP 1,510-1,514 with a mid-price ... read more
During the week ending December 3, 2015, broad Money M3 increased by LP 85B ($56.19M) to reach LP 184,256B ($122.23B). M3 registered a 4.84% yearly growth and a 3.87% year-to-date growth. Similarly, M1 ... read more
The Beirut Stock Exchange revealed an improvement in performance during the last two weeks, on the back of some gains experienced in the real estate sectorand despite a frail activity. The BLOM Stock ... read more
Following Banque du Liban’s approval on the 30th of September 2015, Lebanon & Gulf Bank S.A.L increased its capital by $20.0M through the issuance of 200,000 perpetual, non-cumulative redeemable ... read more
Demand for Lebanese Eurobonds improved throughout the 2-week festive season, illustrated by the BLOM Bond Index (BBI) increasing by 025% to end the year at 104.11 points. Furthermore, the Lebanese Eurobond ... read more
Following the general assembly’s approval on the 4th of November, Cedrus Bank S.A.L increased its capital by $9.95M to $17.91M by issuing 1.5M nominal shares with a value of $6.63/share. These shares were ... read more
As the real estate sector ended in the green for the second consecutive session, the BLOM Stock Index (BSI) gained 1.28% on Wednesday, to 1,169.52 points, following the trade of 94,521 shares worth ... read more
On the London Stock Exchange (LSE), three of the four listed Lebanese GDRS traded on Tuesday, albeit no change in price were recorded. In details, GDRs of BLOM, Audi and Solidere all witnessed trades at ... read more
As the festive season is still holding back the Lebanese Eurobonds Market, the BLOM BOND INDEX (BBI) remained at 104.08 points or the 3rd consecutive session, registering a year-to-date loss of 3.16%. The ... read more
The value of cleared checks fell by 7.61% during the first 11 months of the year, which might be due to lower business spending, and the fact that people are possibly substituting payments via checks with ... read more
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