10/10/2014 03/10/2014 %Change YTD Euro / LP 1910.00 1903.97 0.32% Euro / Dollar 1.2670 1.2630 0.32% NEER Index** 138.73 138.88 -0.11% 7.49% Demand for the dollar steadied over the prior week as ... read more
According to the Association of Car Importers in Lebanon (AIA), there was a 7.77% increase in the number of registered new passenger and commercial cars, reaching 30,515 vehicles by September, compared to ... read more
Amidst global and regional mixed economic outlooks for growth in 2014 and 2015, Lebanon’s economy is expected to grow by not more than 1.5% in 2014, as shown in the Latest issue of the MENA Economic Report ... read more
The Lebanese Eurobonds market halted its two-day improvement this week, where the BLOM Bond Index (BBI) lost 0.09% to 108.19 points. The 5Y Lebanese Eurobonds’ yield added 1 basis point (bp) to 5.16%, ... read more
Trade on the Beirut Stock Exchange (BSE) happened at a frail volume of 15,392 shares worth $612,318. The Beirut Stock Index (BSI) gained 0.20% to 1,175.33 points. The banking sector grasped a share of ... read more
The BLOM Lebanon PMI inched up from 45.5 in August to 47.6 in September, implying a slowdown in the rate of contraction. September’s PMI remained below the 50.0 mark, due to a hard drop in output levels at ... read more
Activity on the Beirut Stock Exchange (BSE) occurred at a volume of 515,595 shares worth $3.44M. Audi GDRs were the most traded stocks, with a volume of 463,200 shares. The Beirut Stock Index (BSI) lost ... read more
The Lebanese Eurobonds market improved for the second day, where the BLOM Bond Index (BBI) gained 0.03% to 108.29 points. The 5Y and 10Y Lebanese Eurobonds’ yields steadied at 5.15% and 6.23%, ... read more
We downgrade Ezz Steel to a HOLD rating, revising down our target price to EGP 18.06 per share as we view the current share price as fairly reflective of the market and company risks at hand. We also hold ... read more
The Lebanese Eurobonds market enhanced, as shown by the BLOM Bond Index (BBI) that added 0.09% to 108.25 points. The 5Y and 10Y Lebanese Eurobonds’ yields added 1 basis point (bp) and 2 bps to reach 5.15% ... read more
Lebanon’s Balance of Payments displayed considerable improvement by August 2014, as deficit tightened by $747.3M from the same period in 2013, to stand at $432.9M. Net Foreign Assets (NFA) of the Lebanese ... read more
Activity on the Beirut Stock Exchange (BSE) was subdued, at a low volume of 15,049 shares worth $130,267, were only 3 stocks were traded. The Beirut Stock Index (BSI) improved by 0.43% to 1,178.41 points, ... read more
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