On the London Stock Exchange (LSE), two out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on Friday. In details, GDRs of BLOM remained at their previous quote of $9.70, noting ... read more
The postponed of interest rates’ hike on the US front coupled with continuous problems on the Lebanese political scene seemed to have weighed in favor of the Lebanese fixed income market. Accordingly, the ... read more
At 11:30 Beirut time, the Euro was quoted at $/€ 1.1283, the equivalent of €/LBP 1,700.91, depreciating against the US Dollar by 0.19% from Friday’s close. The Dollar was mainly boosted by the Federal Open ... read more
According to the Central Administration of Statistics (CAS), the consumer price index (CPI) recorded a 4.60% yearly fall to 96.37 by August compared, to last year’s 101.01. This deflationary pressure was ... read more
According to the Association of Car Importers in Lebanon, the downward trend in new car registrations extended to the first half of 2015 (H1 2015). The total number of new registered cars totaled 19,171 in ... read more
During the week ending September 3, 2015, broad Money M3 increased by LP 413B ($274.05M), to reach LP 182,965B ($121.37B) posting a 4.93% yearly growth and a 3.14% y-t-d uptick. Similarly, M1 expanded by ... read more
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
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