At 11:05 Beirut time, the Euro was quoted at €/$ 1.0882, the equivalent of €/LBP 1,640.46, depreciating by 0.11% against the US Dollar. The euro weakened against the dollar today on rising fears of a ... read more
According to the Association of Lebanese Banks (ABL), the number and the value of cleared checks respectively declined by a yearly 3.51% and 7.31% to 12.51 million checks worth $72.03B. Cleared checks ... read more
While demand for short and medium term Lebanese Eurobonds declined on Monday, appetite for medium long term maturities remained relatively stable. As a result, the BLOM Bond Index (BBI) ticked down by ... read more
Only three of the listed Lebanese Global Depository Receipts (GDRs) were traded on the London Stock Exchange (LSE) on Monday. 14,987 BLOM GDRs and 7,603 Solidere GDRs transactions were carried out with a ... read more
During the first trading session of the week, the BLOM Stock Index (BSI) went up by 0.15% to 1,149.98 points, though recording a 1.67% decline since the start of the year. In the banking sector, Byblos’ ... read more
Audi and BLOM were the only listed Lebanese Global Depository Receipts (GDRs) to trade on the London Stock Exchange (LSE) last Friday. In details, 15,000 BLOM GDRs and 89,032 Audi GDRs exchanged hands at ... read more
The BLOM Bond Index (BBI) went down by 0.25% to 102.76 points on Friday, triggered by a fading demand for medium and long term Lebanese Eurobonds. Each of the yields on the 5Y and 10Y Lebanese Eurobonds ... read more
At 16:00 Beirut time, the Euro was quoted at €/$ 1.0894, the equivalent of €/LBP 1,642.27, depreciating by 0.18% against the US Dollar. The figures of weak retail sales and inflation in the U.S on Friday ... read more
According to the Association of Lebanese Car Importers, the number of newly registered commercial and passenger cars in 2015 increased by 3.78% to 41,654 cars. The improvement is the result of price ... read more
Demand for Lebanese Eurobonds weakened throughout the week amidst foreign sell off of medium and long term notes. This was illustrated by the BLOM Bond Index (BBI) which decreased by 0.79% to 103.02 ... read more
During the three weeks ending December 24, 2015, broad Money M3 increased by LP 1,925B ($1.28B) to reach LP 186,182B ($123.50B). M3 registered a 5.20% yearly growth and a 4.95% year-to-date growth. ... read more
Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market remained stable over the past week since the value of the Lebanese Pound was unchanged against the dollar with a quote of $/LP ... read more
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