At 14:00 Beirut time, the Euro was quoted at €/$ 1.0758, the equivalent of €/LBP 1,621.77, depreciating against the US Dollar by 0.66%. Thus, the Euro reached a one month low versus the Dollar, mainly on ... read more
With all four traded stocked ending in the red, the BLOM Stock Index (BSI) lost 1.89% to 1,147.46 points on Monday, following the trade of 54,346 shares worth $510,403. In the banking sector, BLOM GDR ... read more
On the London Stock Exchange (LSE), three of the four listed Lebanese GDRS traded on Wednesday. In details, GDRs of BLOM gained 0.63% to settle at $9.66, noting that 16,570 shares were traded worth ... read more
Demand for Lebanese Eurobonds seemed disparate during the last session of the year. Nevertheless, the BLOM BOND INDEX (BBI) increased by 0.03% to 104.11 points on Wednesday, registering a year-to-date loss ... read more
At 15:45 Beirut time, the Euro was quoted at €/$ 1.0864, the equivalent of €/LBP 1,637.90, slightly appreciating against the US Dollar by 0.04%. The Euro remained relatively stable versus the Dollar, ... read more
The Central Bank’s (BDL) balance sheet revealed an increase of 6.07% annually in total assets to $90.90B by End-December 2015. Foreign assets, constituting 40.80% of total assets, inched down by 2.04% ... read more
Produced from the seed of the tropical cacao tree, cocoa has been cultivated for at least three millennia. This food originated in Mexico, Central and Northern South America and dates back to around 1100 ... read more
Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market stagnated over the 2-week festive period, illustrated by Lebanese Pound steadying at a quote of $/LP 1,510-1,514 with a mid-price ... read more
During the week ending December 3, 2015, broad Money M3 increased by LP 85B ($56.19M) to reach LP 184,256B ($122.23B). M3 registered a 4.84% yearly growth and a 3.87% year-to-date growth. Similarly, M1 ... read more
The Beirut Stock Exchange revealed an improvement in performance during the last two weeks, on the back of some gains experienced in the real estate sectorand despite a frail activity. The BLOM Stock ... read more
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