Total real estate transactions inched up by a yearly 1.84% during the first eight months, to reach 45,509 transactions. However taking the months of July and August 2014 alone, the number of transactions ... read more
During the week ending September 11, 2014, broad Money M3 added by LP 378B ($251M), to reach LP 175,035 B ($116.11B). M3 growth rate reached 7.16% year-on-year and 4.45% since year start. However, M1 ... read more
The net sales of “Societe Libanaise des Ciments Blancs”, HOLCIM’s subsidiary, leaped by 11.42% y-o-y, from $7.13M to $7.92M, which boosted profits by 8.97% from June 2013 to $1.70M. By the end of H1 2014, ... read more
Bank Audi has completed a US$ 300 million capital increase by way of (i) a US$ 240 million rights offering of common shares initially to existing shareholders (including GDR holders) of the Bank and (ii) a ... read more
The Lebanese Eurobonds market regressed where the BLOM Bond Index (BBI) fell by 0.04% to 108.10 points. The 5Y and 10Y Lebanese Eurobonds’ yields steadied at 5.09% and 6.19%, respectively. The 5Y spread ... read more
Activity on the Beirut Stock Exchange (BSE) kept its upward trend for the third day, today, where the BLOM Stock Index (BSI) gained 0.11% to close the week at 1,173.54 points. Trade occurred at a volume ... read more
9/26/2014 9/19/2014 %Change YTD Euro / LP 1921.76 1940.91 -0.99% Euro / Dollar 1.2748 1.2875 -0.99% NEER Index** 137.89 136.53 1.00% 6.84% Demand for the dollar steadied over the prior week ... read more
The Lebanese gross public debt reached $65.62B in the first seven months of 2014, rising by 8.92% from its value in the same period last year. Debt in domestic currency, grasping a share of 60.28% of total ... read more
The Cabinet Formation in mid-February failed to boost investors’ sentiment that remained mostly stagnant. The number of construction permits slipped by 0.68% y-o-y to 11,311, noting that permits are ... read more
25/09/2014 18/09/2014 Change Year to Date BLOM Bond Index (BBI)* 108.104 108.202 -0.09% 2.33% Weighted Yield** 5.15% 5.14% 1 13 Weighted Spread*** 349 337 12 -81 Demand for Lebanon’s Eurobonds ... read more
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