The board of directors of Bank of Beirut (BoB) invites its shareholders to an extraordinary general assembly at the bank’s headquarters located in downtown Beirut, Foch Street. The meeting will take place ... read more
On the Beirut Stock Exchange (BSE), a negative performance was witnessed today as the BLOM Stock Index (BSI) dropped by 0.67% to 1,165.21 points. In details, Solidere class “A” and “B” added 0.40% and ... read more
During Friday’s trading session on the London Stock Exchange (LSE), three out of four Lebanese GDRs were traded. In details, BLOM’s GDR shares added 0.93% to settle at $10.90 after the trade of 913 shares ... read more
Demand for long and medium-term maturities dropped on Friday, as shown by the BLOM Bond Index (BBI) that decreased by 0.15% to 103.59 points. The yields on the 5Y and 10Y Lebanese Eurobonds added 2 basis ... read more
At 12:15 Beirut time, the Euro was quoted at €/$ 1.1310, the equivalent of €/LBP 1,704.98, appreciating by 0.22% against the US Dollar. The euro gained momentum against the dollar today as weakened oil ... read more
BLOM listed shares witnessed a negative performance today on the Beirut Stock Exchange (BSE) as the stock lost 5.66% to end the session at $10.01. This mainly resulted from the ex-dividend date of BLOM ... read more
Activity at the Port of Beirut (PoB) remained resilient in the first Quarter (Q1) of 2016 as the port’s revenues recorded a double-digit yearly increase of 12.35% to $56.96M. Total container activity ... read more
Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market remained unchanged over the past week as the value of the dollar steadied at $/LP 1,513.75-1,514.25 with a mid-price of $/LP 1,514. ... read more
During the Annual Ordinary General Assembly held on April 14th, 2016, BLOM Bank’s shareholders approved the accounts of the bank for 2015 and the distribution of dividends and returns amounting to LBP ... read more
According to Bank Audi and the Beirut Stock Exchange, Bank Audi’s shareholders convened on April 8, 2016 for an Ordinary General Assembly and declared a gross distribution of dividends as follows: To ... read more
According to the International Monetary Fund’s (IMF) latest World Economic Outlook (WEO) entitled “Too Slow for Too Long”, global growth is projected at 3.2% in 2016, in line with that of last year, but ... read more
The Beirut Stock Exchange (BSE) underwent a week of profit taking on Audi stocks, sending the BLOM Stock Index (BSI) 0.98% lower following five weeks of improving performance. Accordingly, the index ended ... read more
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