At 12:30 Beirut time, the Euro was quoted at €/$ 1.0863, the equivalent of €/LBP 1,637.60, marginally falling against the US Dollar by 0.02%. The Euro remained relatively stable against the Dollar today. ... read more
Lebanon’s touristic sector improved to reach 1.39M tourists by November 2015, its highest level in 4 years. According to the Ministry of Tourism, the number of incomers by November 2015 surged by 14.13% ... read more
Banking stocks held back the Lebanese Bourse today, causing the BLOM Stock Index (BSI) to decline 0.08% to 1,155.24 points following the trade of 1,759,875 shares worth $11,279,953. In the banking sector, ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese GDRS traded on Thursday. In details, BLOM GDRs gained 0.10% to settle at $9.63, noting that 4,408 GDRs exchanged hands with a total ... read more
Demand for long term Lebanese Eurobonds progressed on Thursday, sending the BLOM BOND INDEX (BBI) 0.06% higher to 103.85 points. The 10 Y yield on Lebanese Eurobonds went down from Wednesday’s level ... read more
At 12:30 Beirut time, the Euro was quoted at €/$ 1.0829, the equivalent of €/LBP 1,630.96, depreciating against the US Dollar by 0.07%. The Dollar appreciated against the Euro after the US Federal Reserve ... read more
Following the approval of the board of directors and the Capital Markets Authority (CMA), IBL Bank decided to issue $40M subordinated bonds maturing in 2025, on the 10th of December 2015. These bonds are ... read more
Cement deliveries tumbled during the first 9 months of 2015, dropping by 12.19% to 3.71M tons compared to a higher level of 4.22M tons by September 2014. This plunge could be partially attributed to the ... read more
With 4 out of the 6 traded stocks ending in the green on Thursday, the BLOM Stock Index (BSI) marginally ticked up by 0.004% to 1,156.12 points, narrowing its year to date loss to 1.21%. In the banking ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese GDRS traded on Tuesday. In details, BLOM GDRs gained 0.21% to settle at $9.62, noting that 60,667 GDRs exchanged hands with a total ... read more
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