Port of Beirut (PoB) revenues dropped by 2.12% year-on-year (y-o-y) to settle at $161.16M, by September 2014. Imported cars decreased by 2.71%, during the stated period, to 67,303 cars. Likewise, the ... read more
The Lebanese Eurobonds stumbled, where the BLOM Bond Index (BBI) slightly dropped 0.04% to 108.22 points. The 5Y Lebanese Eurobonds’ yield stabilized at 5.15%, while the 10Y Lebanese Eurobonds’ yield ... read more
The BLOM Stock Index (BSI) ended Tuesday in the red, with a 0.32% decrease to 1,169.26 points, following the trade of 559,093 shares worth $1,512,809. The BSI registered a gain of 1.67% since year start ... read more
Shortly after the Syrian war began in 2011, thousands of refugees overwhelmed Syria’s neighboring countries that were already struggling to look out for their own people. Lebanon was one of them, ... read more
On 01/10/2014, the Egyptian Stock Exchange (EGX) listed and started trading SODIC’s 250 million rights at a par value of EGP 4 per share plus issue costs of EGP 0.06 per share. Each existing shareholder ... read more
Banque Pharaon and Chiha announced, on the 4th of October, the sale of 80% of the bank’s shares to Raymond and Teddy Rahme of ZR Group Holding. The latter is considered a well-known player in a multitude ... read more
The Lebanese Eurobonds witnessed a decrease, where the BLOM Bond Index (BBI) slightly dropped 0.03% to 108.26 points. The 5Y Lebanese Eurobonds’ yield gained 1 basis point (bp) to settle at 5.15%, while ... read more
The BLOM Stock Index (BSI) dipped on Monday by 0.16% to 1,172.99 points, following the trade of 142,704 shares worth $1,672,497. The BSI registered a gain of 1.99% since year start and a 2.16% increase ... read more
Two years ago, a $60M, 600 m long, 15.5m deep quay was built at the Port of Tripoli. Just recently, Businessnews reported that infrastructure works on the new quay will begin early next year. Local ... read more
The Lebanese Eurobonds bounced back, where the BLOM Bond Index (BBI) added 0.09% to 108.29 points. The 5Y and 10Y Lebanese Eurobonds’ yield lost 2 basis points (bps) and 1 bp to 5.14% and 6.22%, ... read more
The Beirut Stock Exchange (BSE) saw a heavy trade on the banking sector shares, which grasped 92.52% of total traded value. The Beirut Stock Index (BSI) lost 0.04% to 1,174.84 points. In the banking ... read more
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