According to E&Y’s Middle East Hotel Benchmark Survey, Beirut’s hotel occupancy rate slightly declined from 54% in Q1 2015 to 53% in Q1 2016. The downtick in Beirut’s hotel occupancy may be attributed ... read more
On the Beirut Stock Exchange (BSE), a negative performance was witnessed today as the BLOM Stock Index (BSI) dropped by 0.41% to 1,160.47 points. In details, Solidere class “A” and “B” lost 0.20% and 2.46% ... read more
During Monday’s trading session on the London Stock Exchange (LSE), two out of the four traded Lebanese GDRs ended in the green. In details, BLOM’s GDR shares added 1.38% to settle at $11.05 after the ... read more
The Lebanese Eurobond market remained stable on Monday, as shown by the BLOM Bond Index (BBI) that decreased by a marginal 0.004% to 103.59 points. The yields on the 5Y and 10Y Lebanese Eurobonds kept ... read more
At 12:00 Beirut time, the Euro was quoted at €/$ 1.1325, the equivalent of €/LBP 1,707.24, appreciating by 0.09% against the US Dollar. The euro edged up today against the dollar as German ZEW economic ... read more
Rafic Hariri International Airport (RHIA) activity improved during the first quarter (Q1) of 2016, as the total number of passengers increased by a yearly 18.40% to 1.63M. In details, the number of ... read more
The board of directors of Bank of Beirut (BoB) invites its shareholders to an extraordinary general assembly at the bank’s headquarters located in downtown Beirut, Foch Street. The meeting will take place ... read more
On the Beirut Stock Exchange (BSE), a negative performance was witnessed today as the BLOM Stock Index (BSI) dropped by 0.67% to 1,165.21 points. In details, Solidere class “A” and “B” added 0.40% and ... read more
During Friday’s trading session on the London Stock Exchange (LSE), three out of four Lebanese GDRs were traded. In details, BLOM’s GDR shares added 0.93% to settle at $10.90 after the trade of 913 shares ... read more
Demand for long and medium-term maturities dropped on Friday, as shown by the BLOM Bond Index (BBI) that decreased by 0.15% to 103.59 points. The yields on the 5Y and 10Y Lebanese Eurobonds added 2 basis ... read more
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