At 13:37 Beirut time, the Euro was quoted at €/$ 1.0588, the equivalent of €/LBP 1,596.14, depreciating against the US Dollar by 0.22%. As talks of more monetary stimulus by the European Central Bank grow ... read more
According to the 2015 edition of the World Economic Forum’s Global Gender Gap Index, Lebanon ranked 138th out of 145 countries. With this rank, Lebanon earned a score of 0.598, whereby 0 represents ... read more
BLOMINVEST downgraded their rating on EZZ Steel from HOLD to SELL with a target price of EGP 7.45, as they don’t see the recovery of the company’s operational performance in the near term, or at least ... read more
The BLOM Stock Index (BSI) rose by 0.32% on Thursday to 1,161.64 points and therefore narrowed its year-to-date loss to 0.74%. In the real estate sector, Solidere shares class “A” and “B” went up by 0.55% ... read more
On the London Stock Exchange (LSE), Solidere’s GDR shares gained 3.09% to end Tuesday’s session at $10.00 as positive political developments continue to provide the stock with an upward push. 2,000 BLOM ... read more
The BLOM Bond Index (BBI) recouped some losses and gained 0.3% to 102.72 points.The yields on the Lebanese Eurobonds maturing in 5 Years and 10 Years slid from 6.51% and 6.90% to 6.50% and 6.87%, ... read more
At 15:20 Beirut time, the Euro was quoted at €/$ 1.0616, the equivalent of €/LBP 1,600.36, depreciating against the US Dollar by 0.09%. The euro’s decline against the dollar continues to show how sensitive ... read more
According to Ernst & Young’s Middle East hotel benchmark survey, health concerns deterred tourists and travelers from visiting Lebanon as shown by the 6 percentage points (pps) drop in the hotel ... read more
Solidere shares continued to boost the BLOM Stock Index (BSI) on Wednesday. The index added 0.91% to end the session at 1,157.99 points. Solidere A and B shares gained 6.80% and 3.10% to close at $11.00 ... read more
On the London Stock Exchange (LSE), no trades occurred on BLOM, Audi, Byblos or Solidere’s Global Depositary Receipts during Monday’s session. BLOM’s GDR shares maintained their price of $9.50, Bank Audi’s ... read more
The BLOM Bond Index (BBI) shed 0.13% to 102.46 points on Tuesday as lower demand was registered for medium and mostly long-term Lebanese Eurobonds. The yield on the Lebanese Eurobonds maturing in ten years ... read more
At 16:15 Beirut time, the Euro was quoted at €/$ 1.0590, the equivalent of €/LBP 1,596.44, depreciating against the US Dollar by 0.47%. The euro continues to record losses against the dollar as the ... read more
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