A version of this article appeared in the print edition of the Daily Star Newspaper on the 29th of March 2019. The slump in the Lebanese economy is no surprise. Real GDP growth is estimated to have ... read more
Lebanese Forex Market The Lebanese Pound (LP) steadied this week within the range of $/LP 1,514 – 1,514.5 against the dollar, with a mid-price of $/LP 1,514.25. The peg continues to be supported by ... read more
In the week ending March 14th 2019, Broad Money (M3) rose by a weekly LBP 245B ($162.52M) to stand at LBP 210,495B ($139.63B), rising 0.11% year-on-year (y-o-y) and declining 0.77% since the start of the ... read more
The BLOM Bond Index (BBI) ended the week at 89.08 points, declining weekly by 2.55%. In fact, the weighted yield rose by 0.70% as political tensions escalated this week and investors are still waiting ... read more
The BLOM Stock Index (BSI) registered a slight improvement of 1.32% to stand at 972.70 points, by the week ending March 29. As such, the market capitalization rose from last week’s $9.36B to $9.48B, this ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
According to the Income Statement of Bank Audi’s Egyptian subsidiary, net profit for 2018 gained an annual 24.15% to $73.13M. The Increase in profits came on the back of the increase in bank’s operations ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
The research published by Moody’s investors’ service on Thursday March 21, 2019 maintained a stable outlook for Lebanese banks on expectations of improved economic growth, and higher deposit inflows in the ... read more
Discover today’s performance of BLOM indices, the closing prices of Lebanese stocks and Eurobonds, as well as the exchange rate of major currencies against the LBP. read more
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