During the week ending September 11, 2014, broad Money M3 added by LP 378B ($251M), to reach LP 175,035 B ($116.11B). M3 growth rate reached 7.16% year-on-year and 4.45% since year start. However, M1 ... read more
Activity on the Beirut Stock Exchange (BSE) picked up today, where the BLOM Stock Index (BSI) added 0.20% to reach 1,178.53 points. The banking sector grasped a share of 51.20%, where Byblos’ listed shares ... read more
The Lebanese Eurobonds market weakened for the second day, due to the decline in demand for medium and long-term maturities. The BLOM Bond Index (BBI) fell by 0.09% to 108.45 points. The 5Y and 10Y ... read more
The Beirut Stock Exchange (BSE) was active today with a volume of 1,043,579 shares worth $3,072,030. The major shares traded were Byblos listed shares, where 674,264 shares out of the 933,730 shares were ... read more
With the beginning of 2014, activity in the Lebanese real estate market got little breathing space despite the escalating challenges that were undergoing in Lebanon and the region. Investors revealed ... read more
Following the security breaks in the second half of June, the Lebanese private economy contracted at a faster pace as companies’ output and new orders declined. BLOM PMI thus scored 47.9 points in July, ... read more
In an era of unprecedented technology evolution, mobile technologies are gaining the spotlight. Shopping at ease, getting medical assistance, settling bank bills, streaming a movie or receiving breaking ... read more
We lower our target price on Holcim Liban (HL) to USD 15.10 from USD 15.21 previously, maintaining a HOLD recommendation. HL appears to be undervalued with a price-to-earnings ratio of 13.62 compared to ... read more
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