At 11.30 Beirut time, the Euro was quoted at €/$ 1.0991, the equivalent of €/LBP 1,656.89, depreciating against the US Dollar by 0.20% from Monday’s close. With the latest Non-Farm Payroll (NFP) expected ... read more
The Central Bank’s (BDL) balance sheet revealed a minor monthly uptick of 0.53% in total assets to $92.11B by End-November 2015. Foreign assets, constituting 40.97% of total assets, inched down by 1.34% to ... read more
During the first session of the week, the Beirut Stock Exchange (BSE) experienced a lackluster performance. The BLOM Stock Index (BSI) declined by 0.22% on Monday to 1,128.69 points following the trade of ... read more
On the London Stock Exchange (LSE), three out of the four listed Lebanese Global Depository Receipts (GDRs) were traded last Friday. In details, 21,847 GDRs of Solidere changed hands at a quote of $9.10, ... read more
Demand for short term Lebanese Eurobonds declined during the last session of the week, offsetting the improved appetite for long term notes. This caused the BLOM Bond Index (BBI) to drop by 0.06% to ... read more
At 11.30 Beirut time, the Euro was quoted at $/€ 1.1013, the equivalent of €/LBP 1,660.21, appreciating against the US Dollar by 0.05% from Friday’s close. The Euro continued its bullish drift against the ... read more
In its quarterly Industry Risk/Reward Index for Q4, 2015, in terms of the medical device industry, Business Monitor ranked Lebanon 7th out of 17 in the Middle East and Africa (MEA) region (Saudi Arabia ... read more
The non-audited financial results of the three largest Lebanese banks – BLOM Bank, Bank Audi, and Byblos bank — for the first three quarters of 2015 reveal steady profitability and growth, despite ... read more
The Beirut Stock Exchange (BSE) illustrated some pull today due to Solidere shares ending in the green for the first time in 12 sessions. The BLOM Stock Index (BSI) went up by 0.85% on Friday to 1,131.22 ... read more
On the London Stock Exchange (LSE), three out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on Thursday. In details, 976 GDRs of Solidere changed hands at their previous quote ... read more
Despite a mixture in demand for Lebanese Eurobonds yesterday the BLOM Bond Index (BBI) dropped slightly by 0.01% to 104.94 points. Yields on the 5Y and 10Y Lebanese Eurobonds increased by 3 basis points ... read more
At 11.30 Beirut time, the Euro was quoted at $/€ 1.1003, the equivalent of €/LBP 1,658.70, appreciating against the US Dollar by 0.25% from Thursday’s close. The Euro partially recovered against the Dollar ... read more
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