On the London Stock Exchange (LSE), Audi GDRs were the only Lebanese GDRs traded on Tuesday. In details, 79,695 Audi GDRs worth $478,170 traded at their previous quote of $6.00. Meanwhile, BLOM, Byblos and ... read more
The Lebanese Eurobonds witnessed a stagnant demand on Tuesday as the BLOM Bond Index (BBI) remained unchanged at 103.55 points. The yield on the 5Y and 10Y Lebanese Eurobonds remained steady at 6.26% and ... read more
At 12:15 Beirut time, the Euro was quoted at €/$ 1.0974, the equivalent of €/LBP 1,654.33, depreciating by 0.35% against the US Dollar. The euro went down against the dollar today as the European Central ... read more
Fiscal deficit, for the first 11 months of 2015, widened by 7.17% year-on-year (y-o-y) to $3.24B. This was attributed to the 5.63% yearly decrease in government revenues outpacing the 2.62% annual decline ... read more
The Beirut Stock Exchange (BSE) witnessed a negative performance today as the BLOM Stock Index (BSI) down ticked by 0.08% to reach 1,146.58 points. In the real estate sector, Solidere shares class “A” and ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese GDRs were traded on Monday. In details, BLOM GDRs added 0.40% to end the session at $9.99, following the trade of 176,428 shares for ... read more
The Lebanese Eurobonds witnessed a weak demand on Monday as the BLOM Bond Index (BBI) dropped by 0.07% to 103.55 points. The yield on the 5Y Lebanese Eurobonds remained unchanged at 6.26%, while that of ... read more
At 12:00 Beirut time, the Euro was quoted at €/$ 1.1020, the equivalent of €/LBP 1,661.27, appreciating by 0.07% against the US Dollar. The euro gained momentum today partly due to lower than expected ... read more
Payment cards saw progressing appetite in 2015 following the ongoing and aggressive retail campaigns of the Lebanese banks to boost demand for alternative noncash payment methods. As a result, the number ... read more
Blominvest maintains its HOLD rating on the Arab Bank stock, with a target price of JOD 6.11 per share. However, we expect some price volatility to be witnessed in the short term following the bank’s ... read more
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