On the London Stock Exchange (LSE), two out of the four listed Lebanese GDRS traded on Friday. In the real estate sector, Soldiere GDRs gained 5.00% to settle at $10.50, noting that 13,673 GDRs were ... read more
The 0.02% down tick in the BLOM Bond Index (BBI) to 103.86 points was mainly due to weaker demand for medium term Lebanese Eurobonds on Friday. The yields on the 5Y Lebanese Eurobonds ticked up by 1 basis ... read more
At 16:35 Beirut time, the Euro was quoted at €/$ 1.0991, the equivalent of €/LBP 1,656.89, appreciating against the US Dollar by 0.04%. The Euro improved vs the Dollar mainly due to the latest economic ... read more
According to the Association of Lebanese Car Importers, the number of newly registered commercial and passenger cars during the first 11 months of 2015 increased by 3.79% year-on-year (y-o-y) to 38,037 ... read more
Notre Dame University (NDU) has concluded the technical studies to open a new hospital adjacent to the campus in Louaize. Work on the project will start in 2016 and is expected to be completed in three ... read more
The Beirut Stock Exchange regressed this week following two weeks of positive movement, as the real estate sector illustrated a lackluster performance. The BLOM Stock Index (BSI) declined by 1.40% to end ... read more
Lebanese Forex Market: Demand for the Lebanese Pound steadied this week as the exchange rate remained in the same range of $/LP 1,510.5-1,514.5 with a mid-price of $/LP 1,512.5. Foreign assets (excluding ... read more
With the expected positive developments during the past week, the BLOM Bond Index (BBI) went up by 0.79% to 103.88 points, outperforming the JP Morgan Emerging Markets’ Bond Index that lost 0.09% to 675.67 ... read more
The political and security developments in Lebanon and the region continued to weigh heavily on the Lebanese economy during 2015. GDP growth declined to 0.5% and could have turned negative if not for the ... read more
The positive performance of both banking and real estate stocks lifted the BLOM Stock Index on Friday by 0.62% to 1,156 points. Solidere A and B shares rose by 3.67% and 1.57% to $10.46 and $10.34, ... read more
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