Home » LEBANON BRIEF » Issue January 2019 » Issue January 2019- week 4
According to the Ministry of Tourism, the number of tourists visiting Lebanon, in 2018, displayed a 5.77% year-on-year (y-o-y) progress, where the total number of tourists went up from 1.86M to 1.96M. This ... read more
The Revenues at the Port of Beirut (POB) witnessed a decline of 3.52% during 2018 to reach $231.53M. Total container activity including transshipment (TEU+TS) rose by a yearly rate of 0.06% to 1,305,754 ... read more
In the week of January 10th 2019, official statements regarding a debt restructuring plan for Lebanon rattled the Eurobonds market, but they were later disregarded and followed by news on Qatar investing ... read more
Given the slow economic conditions in Lebanon, the number of Kafalat loan guarantees slumped yearly by 43.94% by December 2018 to reach 310. Accordingly, the overall value of the guarantees dropped by ... read more
According to the Central Administration of Statistics (CAS), the Lebanese economy’s average inflation rate stood at 6.07% year-on-year (y-o-y) by the end of 2018 since the average Consumer Price Index ... read more
The current economic slowdown has negatively weighed on the construction sector during 2018. According to the Orders of Engineers in Beirut and Tripoli, the number of construction permits slumped by 16.37% ... 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
Lebanese Forex Market The Lebanese Pound 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 the ... read more
The BLOM Stock Index (BSI) fell by 1.12% to reach 946.78 points over the last week. The market capitalization decreased from $9.33B last week to $9.23B to this week. On average 103,404 shares worth $ ... read more
Lebanon’s BLOM Bond Index (BBI) increased this week by 5.64% to reach 88.28 points. As such, the yields on 5Y and 10Y Lebanese Eurobonds declined by 155 and 112 basis points (bps) each to reach and ... read more
In the week ending January 10rd 2019, Broad Money (M3) fell by a weekly LBP 205B ($136M) to stand at LBP 210,904B ($140B), adding 0.95% year-on-year (y-o-y) and decreasing by 0.56% since the start of the ... read more
