The political and security developments in Lebanon and the region continued to weigh heavily on the Lebanese economy during 2015. GDP growth declined to 0.5% and could have turned negative if not for the ... read more
The positive performance of both banking and real estate stocks lifted the BLOM Stock Index on Friday by 0.62% to 1,156 points. Solidere A and B shares rose by 3.67% and 1.57% to $10.46 and $10.34, ... read more
The 0.12% increase in the BLOM Bond Index (BBI) to 103.88 points to stronger demand for Lebanese Eurobonds. The yields on the 5Y Lebanese Eurobonds declined by 5 basis points (bps) to 6.15% while the 10Y ... read more
At 16:07 Beirut time, the Euro was quoted at €/$ 1.0968, the equivalent of €/LBP 1,653.43, appreciating against the US Dollar by 0.26%. Investors are slowly abandoning the idea of the euro reaching parity ... read more
Total consolidated assets of commercial banks hit $182.27B by October, a 3.74% growth since year start, and an expansion of 6.42% year-on-year (y-o-y). In terms of assets, total reserves, with a weight of ... read more
The number and value of guarantees given by Kafalat declined by 22.49% and 17.73% in the first 11 months of 2015 to 796 worth $84.97M, respectively, compared to 796 guarantees worth $103.28M by November ... read more
During the week ending November 26, 2015, broad Money M3 increased by LP 292B ($193.90M) to reach LP 184,172B ($122.17B). M3 registered a 4.95% yearly growth and a 3.82% year-to-date growth. Similarly, M1 ... read more
The real estate held backthe Lebanese Bourse for the 3rd consecutive session which caused the BLOM Stock Index (BSI) to decline by 0.69% to 1,148.91 points, following the trade of 58,158 shares worth ... read more
On the London Stock Exchange (LSE), two out of the four listed Lebanese GDRS traded on Wednesday. In details, 51,903 BLOM GDRS exchanged hands yesterday at theirprevious price of $9.65. Meanwhile, GDRs ... read more
At 16:00 Beirut time, the Euro was quoted at €/$ 1.0847, the equivalent of €/LBP 1,650.26, depreciating against the US Dollar by 0.71%. The Euro lost some ground against the Dollar today following two days ... read more
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