The Lebanese Eurobonds Market remained almost stable, with the BLOM Bond Index (BBI) gaining 0.03% to 107.46 points. Demand for short and medium-term maturities increased, pushing the 5Y and 10Y Lebanese ... read more
The Beirut Stock Exchange (BSE) began the week on a positive note, where the BLOM Stock Index (BSI) increased by 1.00% to 1,172.22 points. The banking sector dominated trade on the BSE, taking a share of ... read more
The Lebanese Eurobonds Market managed to reverse its recent downward trend, with the BLOM Bond Index (BBI) gaining 0.08% to 107.43 points. Demand for short and medium-term maturities increased, pushing the ... read more
Inflation rate reached 0.89% year-on-year (y-o-y) where the Consumer Price Index (CPI) increased to 100.52 in November 2014, compared to 99.64 in November 2013 (noting that this level is adjusted on the ... read more
Demand for the dollar steadied over the prior week as reflected by the Lebanese pound’s peg against the dollar that stood at $/LP 1,510-1,514 with a mid-price of $/LP 1,512. Foreign assets (excluding gold) ... read more
Demand for the Lebanese Eurobonds tumbled during the week, after the rating agency Moody’s downgraded Lebanon’s government bond ratings from B1 to B2, on the 16th of December, 2014. The BLOM Bond Index ... read more
The Beirut Stock Exchange continued last week’s decline, as the BLOM Stock Index (BSI) recorded a weekly 1.78% loss to close at 1,160.67 points on Friday, after investors tended to close their long-term ... read more
Credit Bank increased its capital from $45,456,502 to $48,905,922 through the issuance of 200,000 new preferred shares, not listed on the Beirut Stock Exchange (BSE). These shares are non-cumulative ... read more
The Beirut Stock Exchange (BSE) announces it de-listed BLC Finance S.A.L from its list of authorized brokers. BLC Finance would end its brokerage activity on the BSE starting the 23rd of December, 2014. read more
Credit rating agency Moody’s downgraded Lebanon’s government bond rating from B1 to B2 with a negative outlook, due to the country’s high debt burden, external deficits, and challenging political ... read more
During the two weeks ending December 4, 2014, broad Money M3 increased by LP 245B ($162.73M), to reach LP 175,594B ($116.48B). M3 growth rate reached 6.30% year-on-year and 4.79% since year start. ... read more
Transfers to EdL for the first half of 2014 revealed a 10.23% year-on-year (y-o-y) increase to $1.04B. This climb was due to the 12.41% y-o-y increase in payments to fuel oil and gas oil suppliers KPC and ... read more
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