According to the Association of Lebanese banks, the value of cleared checks decreased by 7.69% from $65.61B by October 2014 to $60.57B by October 2015. Over the same period, the number of cleared checks ... read more
The BLOM Stock Index (BSI) gained 1.22% to end Tuesday’s session at 1,147.51 points. The gains are attributed to the performance of real estate shares Solidere A and B, which broke the $10 mark. Solidere A ... read more
On the London Stock Exchange (LSE), 6,213 Audi listed shares, worth $36,781, were traded on Friday. These shares were traded at a price of $5.92 per share, down from a previous $5.90. As for BLOM and ... read more
The BLOM Bond Index (BBI) shed 0.07% to 102.59 points on Friday mainly on account of lower demand for Lebanese Eurobonds maturing in five years. While the yield on the 10 Year Lebanese Eurobonds stabilized ... read more
At 12:30 Beirut time, the Euro was quoted at €/$ 1.0637, the equivalent of €/LBP 1,603.53, depreciating against the US Dollar by 0.63% from Friday’s close. The euro continues to fall against the dollar on ... read more
According to the Central Administration of Statistics (CAS), consumer prices in Lebanon fell by 4.08% in October since the Consumer Price Index (CPI) declined from 100.97 in October 2014 to 96.84 in ... read more
The Lebanese economy is a “credit economy” where the function of financial intermediation takes center stage. Up to July 2015, the totality of loans granted in the financial sector constituted 110% of GDP. ... read more
Lebanese Forex Market: Demand for the dollar on the Lebanese forex market increased this as the exchange rate rose from last week’s quote of $/LP 1,510.5-1,514.5 with a mid-price of $/LP 1,512.5 to $/LP ... read more
As 3 out of the 6 traded stocks on the Lebanese Bourse ended in the green, the BLOM Stock Index (BSI) increased by 0.28% on Friday to 1,133.72 points, narrowing its year-to-date losses to 3.12%. In the ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on Thursday. In details, 241,120 GDRs of BLOM exchanged hands at their previous quote ... read more
Disparate demand was witnessed on the Lebanese Eurobonds market on Thursday which caused the BLOM Bond Index (BBI) to remain relatively stable, as it marginally slipped by 0.01% to 102.66 points. Yields on ... read more
At 12:30 Beirut time, the Euro was quoted at €/$ 1.0704, the equivalent of €/LBP 1,613.63, depreciating against the US Dollar by 0.29% from Thursday’s close. The Euro lost against the Dollar today as the ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here