The Beirut Stock Exchange (BSE) operated on a low volume of 31,320 shares worth $695,073, where only one stock increased in price. The BLOM Stock Index (BSI) dropped 0.53% to 1,170.27 points. The banking ... read more
Rafic Hariri International Airport (RHIA) activity improved during 2014, where the total number of passengers increased by 4.86% year-on-year (y-o-y) to 6.57M. The number of arrivals added 3.44% to 3.22M. ... read more
Despite the overall flat outcome, Lebanon’s Eurobonds market finally took off and recovered in 2014 following 3 years of negative performance. The Lebanese safe assets have proven over the year to be ... read more
Lebanon & Gulf Bank S.A.L issued 200,000 Non-cumulative redeemable preferred shares issue 2014 at a price of $100 per share, with a nominal value of LBP 20,300 ($13.47). Annual dividend is equal to 7% ... read more
Demand for the dollar strengthened over the week, as reflected by the Lebanese pound’s peg against the dollar that went down from $/LP 1,509-1,513 with a mid-price of $/LP 1,511 to $/LP 1,510-1,514 with a ... read more
Demand for the Lebanese Eurobonds made headway at the start of the calendar year, with the BLOM Bond Index (BBI) increasing by a weekly 0.25%, to stand at 107.56 points. Accordingly, demand for medium and ... read more
During the week ending December 25, 2014, broad Money M3 increased by LP 1,030B ($683.44M), to reach LP 176,956B ($117.38B) partly due to Christmas and New Year. M3 growth rate reached 5.94% year-on-year ... read more
The Beirut Stock Exchange (BSE) did not maintain its momentum it had at the start of 2015, where the BLOM Stock Index (BSI) saw a 0.34% weekly drop to close at 1,176.56 points on Friday. Trade activity ... read more
The number of cleared checks showed a drop of 2.14% yearly, to 11.86M, by November. However, the cumulative value of these checks increased by 3.41% year-on-year (y-o-y) to reach a value of $68.31B. In ... read more
Global Blue’s Tourists Spending Report showed that tourist spending in Lebanon improved by 1% in 2014 compared to 2013. This was partly due to the 8% year-on-year (y-o-y) progress in the 4th quarter that ... read more
The Beirut Stock Exchange (BSE) continued its regress on Thursday, where the BLOM Stock Index (BSI) dropped 0.30% to 1,168.87 points following the trade of 655,203 shares worth $2,089,247. The banking ... read more
The Lebanese Eurobonds Market experienced a slight improvement in demand for both short-term and medium-term maturities, as the BLOM Bond Index (BBI) gained 0.05% to 106.14 points on Wednesday. The 5Y and ... read more
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