At 16:15 Beirut time, the Euro was quoted at €/$ 1.1175, the equivalent of €/LBP 1,684.63, appreciating by 0.18% against the US Dollar. The euro edged higher on Tuesday as investors’ appetite for risk was ... read more
Activity at the Port of Beirut (PoB) remained buoyant in the first month of 2016 as the port revenues recorded a double-digit yearly increase of 14.75% to $18.37M. Total container activity including ... read more
The Beirut Stock Exchange (BSE) ended today’s session in the green, as the BLOM Stock Index (BSI) went up by 0.22% to reach 1,164.95 points on Monday. In the real estate sector, Solidere shares classes “A” ... read more
Demand for Lebanese Eurobonds increased on Friday, as the BLOM Bond Index (BBI) increased by 0.12% to reach 102.77 points. The yields on the 5Y and 10Y Lebanese Eurobonds dropped by 2 basis points and 1 ... read more
At 12:35 Beirut time, the Euro was quoted at €/$ 1.1202, the equivalent of €/LBP 1,688.70, depreciating by 0.50% against the US Dollar. Upcoming movements in the euro-dollar exchange rate will hinge on ... read more
Three out of the four Lebanese Global Depository Receipts (GDRs), listed on the London Stock Exchange were traded on Friday. BLOM GDRs maintained their bullish trend, as they passed the double digit mark ... read more
According to the Association of Lebanese Banks (ABL), gross public debt grew to $70.3B by December 2015, indicating a 5.63% increase on a year-on-year (y-o-y) basis. Public debt denominated in Lebanese ... read more
As part of its Sustainable Energy Finance Program, the International Finance Corporation (IFC), a member of the World Bank Group, with the support of the Government of Canada, extended a $7M loan to the ... 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 Lebanese Pound steadied at $/LP 1,513-1,514 with a mid-price of $/LP ... read more
For the second week running, the Lebanese stock market managed to show positive weekly performance on the account of the better than expected results by Lebanese banks and despite the continuing retreat in ... read more
The BLOM Stock Index (BSI) augmented by 0.17% to reach 1,162.40 points on Friday. In the real estate sector, Solidere shares classes “A” and “B” went up by 0.60% and 0.50% to $10.06 and $10.00, ... read more
Three out of the four Lebanese Global Depository Receipts (GDRs), listed on the London Stock Exchange were traded on Thursday. BLOM GDRs maintained their positive performance, as their price up ticked by ... read more
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