According to Ernst & Young Middle East Hotel Benchmark Survey, Beirut’s hotel occupancy rate slightly declined from 55% by April 2015 to 54% by April 2016. The downtick in Beirut’s hotel occupancy may ... read more
The Beirut Stock Exchange (BSE) witnessed a positive performance on Monday as the BLOM Stock Index (BSI) increased by 0.35% to 1,157.63 points following the trade of 93,741 shares worth $909,216. In the ... read more
During Friday’s trading session on the London Stock Exchange (LSE), only one out of the four listed Lebanese GDRs was traded. In details, the GDRs of BLOM remained unchanged at $10.15 after 10,300 shares ... read more
Demand for the Lebanese Eurobonds, mainly short-term maturities, improved on Friday as revealed by the BLOM Bond Index (BBI) which added 0.05% to 104.29 points. The yield on the Lebanese Eurobonds maturing ... read more
At 15:00 Beirut time, the Euro was quoted at €/$ 1.1209, the equivalent of €/LBP 1,689.76, depreciating by 0.12% against the US Dollar. The euro fell against the dollar today as data showed manufacturing ... read more
Consumer prices maintained the downward trend by the fourth month of 2016 as reflected by the Consumer Price Index (CPI) that dropped by an average of 2.9% y-o-y by April 2016. According to the Central ... read more
The Lebanese bourse dipped again this week as most listed stocks ended the week in the red. This was translated by a 0.11% weekly drop in the level of the BLOM Stock Index (BSI) that settled at 1,153.55 ... read more
The Lebanese bourse dipped again this week as most listed stocks ended the week in the red. This was translated by a 0.11% weekly drop in the level of the BLOM Stock Index (BSI) that settled at ... read more
Demand for the Lebanese Eurobonds increased over the week, as reflected by the BLOM Bond Index (BBI) which added 0.06% to reach 104.24 points. The BBI outperformed the JP Morgan Emerging Markets’ Bond ... read more
During the week ending April 28, broad Money M3 increased by LP 1,101B ($730.34M) to reach LP 188,621B ($125.12B). M3 registered a 6.78% yearly growth and a 1.08% year-to-date uptick. Similarly, M1 ... read more
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