During the first trading session of the week, the BLOM Stock Index (BSI) went up by 0.15% to 1,149.98 points, though recording a 1.67% decline since the start of the year. In the banking sector, Byblos’ ... read more
Audi and BLOM were the only listed Lebanese Global Depository Receipts (GDRs) to trade on the London Stock Exchange (LSE) last Friday. In details, 15,000 BLOM GDRs and 89,032 Audi GDRs exchanged hands at ... read more
The BLOM Bond Index (BBI) went down by 0.25% to 102.76 points on Friday, triggered by a fading demand for medium and long term Lebanese Eurobonds. Each of the yields on the 5Y and 10Y Lebanese Eurobonds ... read more
At 16:00 Beirut time, the Euro was quoted at €/$ 1.0894, the equivalent of €/LBP 1,642.27, depreciating by 0.18% against the US Dollar. The figures of weak retail sales and inflation in the U.S on Friday ... read more
According to the Association of Lebanese Car Importers, the number of newly registered commercial and passenger cars in 2015 increased by 3.78% to 41,654 cars. The improvement is the result of price ... read more
Demand for Lebanese Eurobonds weakened throughout the week amidst foreign sell off of medium and long term notes. This was illustrated by the BLOM Bond Index (BBI) which decreased by 0.79% to 103.02 ... read more
During the three weeks ending December 24, 2015, broad Money M3 increased by LP 1,925B ($1.28B) to reach LP 186,182B ($123.50B). M3 registered a 5.20% yearly growth and a 4.95% year-to-date growth. ... read more
Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market remained stable over the past week since the value of the Lebanese Pound was unchanged against the dollar with a quote of $/LP ... read more
Jewelry has been lustrous, having unfathomable significance in different cultures. It has been cherished not only for its ornamental worth, but also for its use as a form of wealth, expression, and body ... read more
We recommend a hold rating on the CIB stock with a target price of EGP 32.14 using a Dividend Discount Model, despite the company’s positive financial performance in Q3 2015. The bank’s financial results ... read more
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