Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market increased over the past week as the value of the Lebanese Pound went up from a quote of $/LP 1,510.5-1,514.5 with a mid-price of ... read more
Lebanese Eurobonds Market showed an improvement during the week, as reflected by the BLOM Bond Index that inched up 0.35% during the week to 102.79 points. Nevertheless, the Lebanese Eurobond Market was ... read more
On the Beirut Stock Exchange, the BLOM Stock Index (BSI) fell by 0.72% during the week to 1,153.09 points. The average traded volume increased from last week’s 185,386 shares worth $2,769,701 to 334,556 ... read more
The non-audited financial results of the three largest Lebanese banks – BLOM Bank, Bank Audi, and Byblos bank — for 2015 reveal steady growth and financial strength, despite the political and ... read more
The Beirut Stock Exchange (BSE) ended today’s session in the green, with the BLOM Stock Index (BSI) increasing by 0.17% to 1,153.09 points. In the real estate sector, Solidere shares class “A” went up by ... read more
Three out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on the London Stock Exchange (LSE) on Thursday. However, only BLOM GDRs witnessed a change in price, as it went up by ... read more
Demand for Lebanese Eurobonds increased on Thursday, as the BLOM Bond Index (BBI) recorded a 0.07% uptick to 102.79 points. The yield on the 10Y Lebanese Eurobonds dropped by 1 basis point (bp) to 6.89%, ... read more
At 16:03 Beirut time, the Euro was quoted at €/$ 1.0857, the equivalent of €/LBP 1,636.69, depreciating by 0.73% against the US Dollar. Although inflation in the Eurozone improved by an annual 0.4% in ... read more
The real estate market continued its downtrend in 2015 as evidenced by the decline in total transactions. Total real estate transactions stood at 82,790 by the end of 2015, recording a 5.4% yearly decline, ... read more
Byblos Bank announced its financial results for the year 2015 revealing a declining net profit by 8.48% year-on-year (y-o-y) to $160.60M. This was driven by declines in net fees and commissions and net ... read more
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