According to the Ministry of Finance, transfers to EDL reached $888.37M during the first 9 months of 2015, 40% lower than the $1.49B transferred over the same period in 2014. This decline mainly resulted ... read more
During the week ending on February 4th, broad Money M3 increased by LP 220B ($145.93M) to reach LP 185,849B ($123.28B). M3 registered a 4.83% yearly growth and a 0.40% year-to-date downtick. Similarly, M1 ... read more
Two out of the four Lebanese Global Depository Receipts (GDRs), listed on the London Stock Exchange (LSE) were traded on Wednesday. Only BLOM GDRs witnessed a change in price as they up ticked by 0.10% to ... read more
Two out of the four listed Lebanese Global Depository Receipts (GDRs) were traded on the London Stock Exchange (LSE) last Friday. BLOM GDRs maintained their positive performance, as they increased by 0.62% ... read more
Demand for Lebanese Eurobonds stabilized on Thursday, as the BLOM Bond Index (BBI) remained at 102.65 points. The yield on the 5Y Lebanese Eurobonds didn’t change and thus remained at 6.50%, while that of ... read more
At 14:05 Beirut time, the Euro was quoted at €/$ 1.1121, the equivalent of €/LBP 1,676.49, depreciating by 0.76% against the US Dollar. Reaching its lowest level since February 2008, the U.S unemployment ... read more
Construction activity showed further contraction in 2015 as revealed by the number of permits that witnessed a 9.43% year-on-year (y-o-y) slip to 15,092. In the same context, the construction area ... read more
The operating conditions of the private sector kept on deteriorating during the first month of 2016, however the rate of contraction seemed to be slowing. In fact, the BLOM PMI hovered close to neutrality ... read more
The balance sheet of the Lebanese Central Bank, BDL, posted a 1.42% monthly increase in total assets to $92.19B in January 2016. Foreign assets, constituting 40.15% of total assets, inched down by 0.20% ... read more
The Beirut Stock Exchange (BSE) ended today’s session in the green, with the BLOM Stock Index (BSI) increasing by 0.54% to 1,159.29 points. In the real estate sector, Solidere shares classes “A” and “B” ... read more
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