During the week ending October 8, 2015, broad Money M3 declined by LP 16B ($10.85M), to reach LP 183,916B ($122.00B) posting a 5.12 % yearly growth and a 3.68% y-t-d uptick. Similarly, M1 dropped by LP ... read more
Lebanese Forex Market: Demand for the dollar on the Lebanese forex market steadied as the exchange rate remained at $/LP 1,510-1,514 with a mid-price of $/LP 1,512. Foreign assets (excluding gold) of the ... read more
The real estate sector continued to enervate the Beirut Stock Exchange (BSE), despite that most banks posted positive financial results for the 3rd quarter of 2015. The BLOM Stock Index (BSI) declined by ... read more
The BLOM Bond Index (BBI) lost 0.11% over the past week to reach 104.93 points due to lower demand for medium and long term Lebanese Eurobonds. Thus BBI lagged behind the JP Morgan Emerging Markets’ Bond ... read more
Bank of Beirut S.A.L. announced to the owners of preferred shares class “H” that the Board of Directors decided in its meeting held on 26/09/2015, to redeem the 2.5M Class “H” preferred shares on the last ... read more
The BLOM Stock Index (BSI) went down by 0.94% on Thursday to a 24-month low of 1,121.66 points mainly due to the ongoing poor performance in the real estate sector. In details, Solidere shares class ... read more
On the London Stock Exchange (LSE), three out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on Wednesday. In details, 8,024 GDRs of Solidere changed hands at $9.25, 2.63% lower ... read more
Demand for Lebanese Eurobonds was relatively shy yesterday causing the BLOM Bond Index (BBI) to marginally fall by 0.03% to 104.94 points. Yields on the 5Y and 10Y Lebanese Eurobonds steadied at Tuesday’s ... read more
At 16:00 Beirut time, the Euro was quoted at $/€ 1.0910, the equivalent of €/LBP 1,644.68, depreciating against the US Dollar by 0.09% from Wednesday’s close. The Dollar partially recovered against the ... read more
BLOM Bank announced its financial results for the first three quarters of 2015. The results are quite robust, considering the slowdown in the Lebanese economy and the political troubles facing the country. ... read more
Byblos Bank’s net profits barely grew by 0.26% year-on-year (y-o-y) to $113.08M in the first three quarters (Q3) of 2015. Worth mentioning, that the Bank reported a strong adequacy ratio, which amounted to ... read more
The Lebanese Bourse saw an improvement in trading activity on Wednesday, albeit 93.42% of the total traded was for Audi listed shares. The BLOM Stock Index (BSI) ticked up marginally by 0.01% today to ... read more
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