At 12:30 pm Beirut time, the Euro was quoted at €/$ 1.1214, the equivalent of €/LBP 1,690.51, depreciating slightly by 0.70% against the US Dollar. The dollar appreciated against the Euro today, as traders ... read more
In June 2016, Moody’s affirmed Lebanon’s government bond rating at B2 and maintained a negative outlook. The rating mirrors Lebanon’s fiscal flexibility and solid liquidity position, while the outlook ... read more
The Beirut Stock Exchange (BSE) started its 1st session of this week in the red, as the BLOM Stock Index (BSI) decreased by 0.20% to settle at 1,145.54 points. In the real estate sector, Solidere A and B ... read more
During Friday’s session on the London Stock Exchange, none of the Lebanese GDRs were traded. Hence, the GDRs maintained their previous closing prices, with BLOM GDRs at $10.25, Audi GDRs at $5.95, Byblos ... read more
The BLOM Bond Index (BBI) ended Friday’s session with a 0.30% drop to 103.55 points. Demand for Lebanese Eurobonds weakened across all maturities, with the 5Y and 10Y yields on Lebanese Eurobonds adding 2 ... read more
At 15:32 am Beirut time, the Euro was quoted at €/$ 1.1259, the equivalent of €/LBP 1,697.29, appreciating by 0.09% against the US Dollar. The dollar depreciated against the Euro today, as investors ruled ... read more
According to the Association of Lebanese Car Importers, the number of newly registered commercial and passenger cars added 1.36% year-on-year (y-o-y) to 15,300 cars by May 2016. This growth was prompted by ... read more
According to Kafalat, the number of granted loans increased from 224 by May 2015 to 289 guarantees in May 2016. The overall value of the guarantees reached $40.39M by May 2016 compared to a value of ... read more
Demand for the Lebanese Eurobonds fell over the past week, as reflected by the BLOM Bond Index (BBI) which lost 0.06% to reach 103.86 points. The BBI was outperformed by the JP Morgan Emerging Markets’ ... read more
According to the Ministry of Finance, the fiscal balance recorded a deficit of $1.44B in the first three months of 2016 compared to a deficit of $1.06B in the same period in 2015. In the first quarter of ... read more
The Rafic Hariri International Airport (RHIA) activity improved during the fifth month of this year, as the total number of passengers increased by a yearly 11.3% to 2.80M. In details, the number of ... read more
According to the Ministry of Finance, Lebanon’s Gross Public Debt reached $71.65B by April 2016, up by 3.16% from April 2015 and 1.91% since year-start. Gross domestic debt amounted to $44.02B by April and ... read more
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