Demand for Lebanese Eurobonds increased over the week, as revealed by the BLOM Bond Index (BBI) that added 0.08% over the week to 103.75 points. Hence, the Lebanese gauge could not outperform the JP Morgan ... read more
On the Beirut Stock Exchange (BSE), 3 out of the 7 traded stocks showed positive performance today. However, the cross trade on Solidere “B” shares pushed up the BLOM Stock Index (BSI) by the end of ... read more
During Thursday’s trading session on the London Stock Exchange (LSE), BLOM’s GDR shares lost 0.92% to settle at $10.80 after the trade of 29,481 shares worth $318,395. Bank Audi’s GDR shares maintained the ... read more
Demand for short- and medium-term maturities improved on Thursday, as shown by the BLOM Bond Index (BBI) that ticked up by 0.05% to 103.75 points. The yield on the 5Y Lebanese Eurobonds dropped by 1 ... read more
At 12:25 Beirut time, the Euro was quoted at €/$ 1.1257, the equivalent of €/LBP 1,696.99, depreciating by 0.08% against the US Dollar. The dollar remained strong against the euro after a string of ... read more
According to Kafalat, the number of granted guarantees increased from 143 in the first quarter (Q1) of 2015 to 172 in Q1 2016 and their value rose from $19.6M in Q1 2015 to $24.3M in Q1 2016. In terms of ... read more
During the week ending March 24, broad Money M3 grew by LP 293B ($194.36M) to reach LP 187,238B ($124.20B). M3 registered a 5.92% yearly growth and a 0.34% year-to-date uptick. Similarly, M1 widened by LP ... read more
The Lebanese Bourse witnessed a negative performance on Thursday as the BLOM Stock Index (BSI) lost 0.61% to reach 1,163.73 points. In the real estate sector, Solidere shares class A added 0.30% to $10.00, ... read more
During Wednesday’s trading session on the London Stock Exchange (LSE), none of the four Lebanese GDRs was traded. Therefore, BLOM, Audi, Byblos and Solidere GDRs kept their previous quotes at $10.90, ... read more
Demand for medium and long term Lebanese Eurobonds remarkably improved on Wednesday as the BLOM Bond Index (BBI) inched up by 0.15% to 103.70 points. The yield on the 5Y Lebanese Eurobonds dropped by 5 ... read more
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