In January 2015, BEMO Securitization launched a mutual investment fund named “Debbane Agri SIF “. On the 10th of November 2015, Midclear announced the distribution of notes for the shareholders of this ... read more
Spirituality appears to flow through the branches of the olive tree. It has been used as a religious symbol of peace, life, fertility, and renewal. In ancient Greece, courageous soldiers were honored with ... read more
There was positive political discussions in today’s parliamentary session as 12 bills were passed including an agreement between Lebanon and the Arab Fund for Economic & Social Developments and another ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on Wednesday. In details, 6,000 GDRs of BLOM changed hands at $9.60, increasing by ... read more
Demand on the Lebanese Eurobonds market dropped on Wednesday, as illustrated by the 0.32% daily drop and the 3.30% year-to-date decline in the BLOM Bond Index (BBI) to 103.93 points. Yields on the 5Y and ... read more
At 16:30 Beirut time, the Euro was quoted at €/$ 1.0773, the equivalent of €/LBP 1,624.03, appreciating against the US Dollar by 0.28% from Wednesday’s close. Despite Mario Draghi’s speech today suggesting ... read more
The Lebanese Gross Public Debt (GPD) reached $68.72B (LBP 103,597B) by end September, widening by 4.17% year-on-year (y-o-y) and 3.23% since the start of the year. Accordingly, Lebanon’s public debt ... read more
The third quarter of 2015 proved to be a very difficult period to navigate through, as global financial markets experienced volatility hardly seen before, and economies witnessed withdrawals and ... read more
The Beirut Stock Exchange managed to end in the green on Wednesday as 5 out of the 6 traded stocks closed at higher prices. Accordingly, The BLOM Stock Index (BSI) gained 0.58% to 1,116.20 points following ... read more
On the London Stock Exchange (LSE), one out of the four listed Lebanese Global Depository Receipts (GDRs) was traded on Tuesday. In details, 7,938 GDRs of BLOM changed hands at $9.58, 0.21% lower than ... read more
Demand on the Lebanese Eurobonds market declined on Tuesday, as illustrated by the 0.13% daily drop and the 2.99% year-to-date decline in the BLOM Bond Index (BBI) to 104.26 points. Yields on the 5Y and ... read more
At 12:30 Beirut time, the Euro was quoted at €/$ 1.0748, the equivalent of €/LBP 1,620.26, appreciating against the US Dollar by 0.23% from Tuesday’s close. The Euro losses were halted today but any future ... read more
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