At 10:45 Beirut time, the Euro was quoted at €/$ 1.1318, the equivalent of €/LBP 1,706.19, appreciating by 0.11% against the US Dollar. The euro gathered some of its strength against the dollar today ... read more
According to the Association of Banks in Lebanon (ABL), the Lebanese gross public debt reached $71.04B in March 2016, a 2.32% year-on-year (y-o-y) increase and a 1.04% rise from December 2015’s level. Debt ... read more
Solidere released an invitation for its annual general assembly to be held on June 6th, 2016. The general assembly meeting is set to take place at 9h30 am at Biel, downtown Beirut. The meeting’s agenda ... read more
During the week ending April 28, broad Money M3 increased by LP 1,101B ($730.34M) to reach LP 188,621B ($125.12B). M3 registered a 6.78% yearly growth and a 1.08% year-to-date uptick. Similarly, M1 ... read more
Lebanese Forex Market: Demand for the Dollar in the Lebanese Forex Market remained unchanged over the past week as the value of the dollar steadied at $/LP 1,513.75-1,514.25 with a mid-price of $/LP 1,514. ... read more
Demand for the Lebanese Eurobonds increased over the week, as reflected by the BLOM Bond Index (BBI) which added 0.30% to reach 104.18 points. The positive performance of the Lebanese gauge was matched by ... read more
Although Solidere recorded an $87.2M loss during 2015, investors’ concerns remained contained over the week with banking stocks recovering some of their previous losses that followed 2015’s dividend ... read more
The Beirut Stock Exchange (BSE) witnessed a positive performance today, as the BLOM Stock Index (BSI) ticked up by 0.05% to 1,154.82 points following the trade of 237,611 shares worth $1.39M. In the real ... read more
During Thursday’s trading session on the London Stock Exchange (LSE), only one out of the four listed Lebanese GDRs were traded. In details, Audi GDRs added 2.43% to $5.90, following the trade of 25,000 ... read more
Demand for Lebanese Eurobonds was unchanged on Thursday as revealed by the BLOM Bond Index (BBI) which steadied at 104.18 points. The yields on the Lebanese Eurobonds maturing in 5 and 10 years remained ... read more
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