Unlike last week, the Beirut Stock Exchange registered losses during Monday’s session with the BLOM Stock Index (BSI) shedding 0.34% to 1,168.43 points following the trade of 139,906 shares worth ... read more
The BLOM Bond Index (BBI) added 0.28% to 103.35 points on Friday on account of higher demand for medium and long term Lebanese Eurobonds. Yields on the 5Y and 10Y Lebanese Eurobonds dropped by 11 basis ... read more
The economic backdrop of the country has been weakened by regional tumults as well as by local political and security instabilities since 2011. Key sectors of the economy such as construction, real estate ... read more
Lebanese Forex Market: Demand for the Lebanese Pound steadied this week as the exchange rate remained in the same range of $/LP 1,510.5-1,514.5 with a mid-price of $/LP 1,512.5. Foreign assets (excluding ... read more
At 15:20 Beirut time, the Euro was quoted at €/$ 1.0902, the equivalent of €/LBP 1,643.48, depreciating against the US Dollar by 0.33%. The Euro fell against the dollar today, after the European Central ... read more
Lebanon’s trade deficit declined by 18.36% year-on-year (y-o-y) by October, to $11.97B, caused by the 19.13% decrease in overall imports, surpassing the 10.66% decline in total exports. The decrease in ... read more
A close, hard look at the Lebanese economy reveals two unfortunate attributes: a long-simmering breakdown of governance in the public sector and the legacy of an outdated economic model. Corruption and ... read more
The private sector’s economy remained at a low ebb in November, as revealed today by the economic indicator BLOM PMI which registered its lowest reading since August 2014. Lebanese companies participating ... read more
The Beirut Stock Exchange (BSE) ended today’s session in the red, with the BLOM Stock Index (BSI) decreasing by 0.66% to 1,151.53 points following the trade of 92,172 shares worth $1,003,688. In the real ... read more
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