Demand for Lebanese Eurobonds was unchanged on Friday, as the BLOM Bond Index (BBI) remained at 107.11 points. The yields on the 5Y and 10Y Lebanese Eurobonds steadied at 5.20%, and 6.08%, respectively. ... read more
Tourist spending in Lebanon grew 7% y-o-y in the first six months of 2015, according to “Global Blue”. The improvement of tourists’ spending in the first half of the year was mainly the result of the ... read more
Ever since 2011, construction, real estate and therefore the cement industry have been negatively impacted by the eruption of the Arab spring, especially in neighboring Syria, and by the local instability ... read more
The BLOM Stock Index (BSI) recovered during the week, outperforming its regional peers, the S&P AFE 40 Index, the S&P Pan Arab Composite Large-Mid-Cap Index, and the Morgan Stanley Emerging Markets ... read more
The Lebanese Bourse ended the week in the red, where the BLOM Stock Index (BSI) lost 0.18% to 1,190.35 points. In the real-estate sector, Solidere shares classes “A” and “B” lost 0.09% and 0.18% to $11.49 ... read more
Demand for Lebanese Eurobonds was stagnant on Thursday, as the BLOM Bond Index (BBI) lost a marginal 0.04% to 107.11 points. The yield on the 5Y Lebanese Eurobonds steadied at 5.20%, while that of the 10Y ... read more
BLOM PMI revealed its highest reading in five months in June at 49.3, up from 48.0 in May, indicating a slower fall in overall business activity. The improvement in the private sector was supported by the ... read more
Demand for the dollar in the Lebanese Forex market strengthened during the week as the Lebanese pound’s peg against the dollar went from $/LP 1,504–1,508 with a mid-price of $/LP 1,506 to $/LP 1,505–1,509 ... read more
According to the Ministry of Finance (MoF), the item “Salaries, Wages and Related Benefits” of government spending, which mainly includes the cost of basic salaries, allowances and indemnities, increased ... read more
Banque Misr-Liban (BML) S.A.L held a general assembly on April 24, 2015 in which it was decided to increase its capital by $13.27M to $79.60M by raising the nominal value of each share from $0.83 to $1/ ... read more
During the week ending June 11 2015, broad Money M3 decreased by LP 229B ($152.07M), to reach LP 181,191B ($120.19B) with a 5.16% yearly growth and a 2.14% y-t-d uptick. Similarly, M1 went down by LP 90B ... read more
Demand for Lebanese Eurobonds lagged during the past week partially due to the ongoing Holy month of Ramadan. Accordingly, the BLOM Bond Index (BBI) went down by a weekly 0.07% to 107.11 points. In ... read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here