At 12:00 Beirut time, the Euro was quoted at €/$ 1.1423, the equivalent of €/LBP 1,722.02, appreciating by 0.12% against the US Dollar. The signing of anti-austerity pact between the Greek and Portuguese ... read more
According to Global Blue, tourist spending in Lebanon decreased by a yearly 12% in Q1 2016, compared to Q1 2015. This contraction is mainly attributed to the relatively lower spending by GCC nationals in ... read more
The Beirut Stock Exchange (BSE) witnessed a negative performance on Monday as the BLOM Stock Index (BSI) lost 0.50% to reach 1,178.78 points. In the real estate sector, Solidere shares class A remained ... read more
During Friday’s trading session on the London Stock Exchange (LSE), two out of the four Lebanese GDRs were traded. In details, 91,496 Audi GDRs worth $557,211 were traded, to end Friday’s session at their ... read more
Demand for Lebanese Eurobonds was steady on Friday as the BLOM Bond Index (BBI) kept its previous level at 103.50 points. The yields on the 5Y and 10Y Lebanese Eurobonds remained unchanged at 6.21% and ... read more
At 12:00 Beirut time, the Euro was quoted at €/$ 1.1386, the equivalent of €/LBP 1,716.44, depreciating by 0.11% against the US Dollar. The euro went down against the dollar today as investors were ... read more
The consolidated balance sheet of Lebanon’s commercial banks revealed a 0.32% progress in assets from December 2015’s level of $185.99B to $186.59B in February 2016, reflecting a 5.68% year-on-year (y-o-y) ... read more
The fate of the Lebanese cement industry is tightly linked to that of construction and real estate. However, construction and real estate activities have been receding since 2010 after the war erupted in ... read more
Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market remained unchanged over the past week as the value of the dollar steadied at $/LP 1,513.75-1,514.25 with a mid-price of $/LP 1,514. ... read more
Although most maturities saw higher demandthis week, the Lebanese Eurobonds could not maintain their 3-week momentum. Very long-term maturities (maturing in 14 years and above) pushed down the BLOM Bond ... read more
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