At 13:52 Beirut time, the Euro was quoted at €/$ 1.0897, the equivalent of €/LBP 1,642.72, appreciating against the US Dollar by 0.30%. With no new updated releases in Europe or the U.S. today, the Euro ... read more
The prominent trends of both the depreciating Euro and falling international oil prices are the main factors behind the tightening of Lebanon’s trade deficit since the start of the year. Lebanon’s trade ... read more
Total consolidated assets of commercial banks amounted to $183.18B in the first 11 months of 2015, recording a 4.26% growth since year start, and an expansion of 6.37% year-on-year (y-o-y). In terms of ... read more
According to Global Blue, tourist spending in Lebanon increased by a yearly 2% in 2015. This improvement is linked to the recovery in the number of tourist arrivals in 2015; According to the Ministry of ... read more
The number and value of guarantees given by Kafalat declined by 19.21% and 14.83% during 2015 to 676 worth $93.31M, respectively, compared to 838 guarantees worth $109.55M by December 2014. The average ... read more
As five out of the eight traded stocks ended in the red, the BLOM Stock Index (BSI) dropped by 0.47% to 1,149.00 points, following the trade of 189,111 shares worth $2,112,723. In the real estate sector, ... read more
Two out of the four listed Lebanese Global Depository Receipts (GDRs) traded on the London Stock Exchange (LSE) on Wednesday. 15,031 Audi GDRs traded with the price per share decreasing by 2.44% to $6.00, ... read more
At 16:00 Beirut time, the Euro was quoted at €/$ 1.0908, the equivalent of €/LBP 1,644.38, appreciating against the US Dollar by 0.32%. The euro seemed to have illustrated some gains vs the Dollar, mainly ... read more
According to Midclear, Societe Generale de Banque au Liban S.A.L. (SGBL) fully redeemed the 10,000 preferred shares class 2010 on January 12, 2015 after full payments were made to their shareholders. The ... read more
The Beirut Stock Exchange revealed a positive performance on Monday, as the real estate sector illustrated some healthy gains. Accordingly, the BLOM Stock Index (BSI) increased by 0.67% to 1,155.37 points, ... read more
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