Despite a slightly improving activity on the Lebanese Eurobonds market, demand for sovereign debt denominated in foreign currency dwindled on Wednesday. Accordingly, BLOM Bond Index (BBI), declined by ... read more
At 11:30 Beirut time, the Euro was quoted at $/€ 1.1293, the equivalent of €/LBP 1,702.42, appreciating against the US Dollar by 0.49% from Wednesday’s close. Despite a 5.2% drop in German exports in ... read more
Lebanon’s Balance of payments (BoP) deficit reached $1.65B by August 2015, almost four times higher than the $432.9M recorded a year earlier. In fact, the deficit level was the worst since 2012 and was ... read more
The second session of political dialogue that took place this week failed to support the Beirut Stock Exchange today. Thus, the BLOM Stock Index (BSI) reversed yesterday’s progress and slid by 0.29% to ... read more
On the London Stock Exchange (LSE), BLOM GDRs were the only listed Lebanese Global Depository Receipts (GDRs) to trade on Tuesday. In fact, 110,539 GDRs of BLOM were traded at their previous quote of ... read more
Price of Lebanese Eurobonds witnessed no change for the second session running on Tuesday, as illustrated by the BLOM Bond Index (BBI), which remained at 104.84 points, recording a year-to-date loss of ... read more
At 15:30 Beirut time, the Euro was quoted at $/€ 1.1241, the equivalent of €/LBP 1,694.58, depreciating against the US Dollar by 0.24% from Tuesday’s close. Despite waiting for a decisive action from the ... read more
In its annual Global Competitiveness Index (GCI) 2015-2016 report, the World Economic Forum ranked Lebanon 113th globally (Switzerland being 1st) out of 140 countries and 10th out of the Arab counties ... read more
The Beirut Stock Exchange recorded another positive performance toady just ahead of the 3rd round of political dialogue.. Accordingly, the BLOM Stock Index (BSI) increased by 0.16% on Tuesday to 1,148.43 ... read more
On the London Stock Exchange (LSE), three out of the four listed Lebanese Global Depository Receipts (GDRs) traded on Friday. 50,000 GDRs of BLOM were traded at their previous quote of $9.60, and at a ... read more
Demand for Lebanese Eurobonds was frail on Monday as illustrated by the BLOM Bond Index (BBI), which ticked up by a marginal 0.004% to 104.86 points, recording a year-to-date loss of 2.43%. Yield on the ... read more
At 15:30 Beirut time, the Euro was quoted at $/€ 1.1226, the equivalent of €/LBP 1,692.32, appreciating against the US Dollar by 0.37% from Monday’s close. The Dollar waned versus the euro following the ... read more
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