Demand for Lebanese Eurobonds progressed on Monday, which caused the BLOM Bond Index (BBI) to increase by 0.20% to 105.06 points, narrowing its year-to-date loss to 2.25%. Yields on the 5Y and 10Y Lebanese ... read more
At 15:30 Beirut time, the Euro was quoted at $/€ 1.1364, the equivalent of €/LBP 1,713.12, appreciating against the US Dollar by 0.33% from Monday’s close. The Euro showed positive movement versus the ... read more
The Central Bank’s (BDL) balance sheet posted a 1.20% monthly increase in total assets to $92.46B by October 15, 2015. In details, foreign assets (excluding gold), constituting 41.48% of total assets, fell ... read more
Frail activity characterized the Lebanese bourse during the first session of the week, as 41,481 shares were traded worth $305,995 compared to 293,023 shares worth $3.32M on Friday. The BLOM Stock Index ... read more
On the London Stock Exchange (LSE), three out of the four listed Lebanese Global Depository Receipts (GDRs) traded on Friday. In details, GDRs of BLOM declined by 1.03% to settle at $9.60, noting that ... read more
Overall appetite for medium term Lebanese Eurobonds witnessed a slight improvement on Friday which caused the BLOM Bond Index (BBI) to marginally tick up by 0.01% to 104.84 points, narrowing its ... read more
At 15:30 Beirut time, the Euro was quoted at $/€ 1.1328, the equivalent of €/LBP 1,707.70, depreciating against the US Dollar by 0.19% from Friday’s close. With few economic updates from the U.S. and ... read more
Customs activity was negative over the first eight months of 2015 recording yearly drops of 16.09% and 4.70% in terms of value and volume of transported goods. However, the steep decline in the value of ... read more
The number and value of guarantees given by Kafalat declined by 28.96% and 22.79% in the first 9 months of 2015 to 476 worth $66.35M, respectively, compared to 670 guarantees worth $86.71M by September ... read more
The Lebanese banking sector was presented with many challenges in 2014. Not only did this sector have to deal with the ongoing repercussions from the Syrian spillovers, but it also had to manage a context ... read more
During the week ending October 1, 2015, broad Money M3 declined by LP 35B ($23.40M), to reach LP 183,933B ($122.01B) posting a 5.12 % yearly growth and a 3.68% y-t-d uptick. Similarly, M1 dropped by LP 83B ... read more
Despite higher trading activity, the Beirut Stock Exchange (BSE) revealed a poor performance on Friday, mainly due to 5 out of 7 stocks ending the session in the red. The BLOM Stock Index (BSI) decreased ... read more
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