Lebanese Forex Market: Demand for the Lebanese Pound in the Lebanese Forex market weakened versus the Dollar during the week with the exchange rate moving within the peg range from $/LP 1,507–1,511 with a ... read more
The Lebanese Bourse saw improving trading activity and performance today partly due to the partially recovering real estate sector. Accordingly, The BLOM Stock Index (BSI) increased by 0.98% on Friday, to ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on Thursday. In details, GDRs of Audi gained 1.69% to settle at $6.00 with the total ... read more
Demand was shy for Lebanese Eurobonds on Thursday, partially due to uncertainty on the Lebanese political scene coupled with developing markets awaiting the Fed’s decision on a rate hike. The BLOM Bond ... read more
At 15:30 Beirut time, the Euro was quoted at $/€ 1.14122, the equivalent of €/LBP 1,720.39, appreciating against the US Dollar by 0.09% from Thursday’s close. Yesterday’s Fed decisions not to hike interest ... read more
According to the National News Agency (NNA), the first 2015 aid package from the European Union (EU), totaled €15M ($16.5M) to support Lebanon’s socio-economic developments. In details, €10M ($11M) will go ... read more
The Lebanese bourse recuperated last week’s loss, in spite of the political developments over the week. Accordingly, the BLOM Stock Index (BSI) gained 1.35%, increasing from its 2-year low, at 1,134.83, to ... read more
The BLOM Bond Index (BBI), which tracks the performance of the Lebanese Eurobonds, lost a slight 0.02%, over the week, to 105.69 points. The BBI lagged behind the JP Morgan Emerging Markets’ Bond Index ... read more
Emerging Investment Partners (EIP) announced its first investment in the Lebanese market, through the acquisition of a majority stake in a large real-estate project, Backyard Hazmieh. The total project is ... read more
Kindly find below a link to the article written by Mr. Marwan Mikhael, head of research department at BLOMINVEST Bank, for the EUROMONEY’s Global Banking & Financial Policy Review 2015/2016: ... read more
The Lebanese bourse continued to show frail activity on Thursday as only 12,639 shares were traded worth of $156,567. The BLOM Stock Index (BSI) decreased by 0.15% to 1,138.99 points, broadening its ... read more
On the London Stock Exchange (LSE), BLOM Bank’s Global Depository Receipts (GDRs) were the only Lebanese GDRs to be traded on Wednesday, for the 3rd consecutive session. BLOM GDRs gained 0.10% to close the ... read more
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