Demand for long term Lebanese Eurobonds progressed on Tuesday which caused the BLOM Bond Index (BBI) to tick up by 0.09% to 103.53 points. Read More
At 16:00 Beirut time, the Euro was quoted at €/$ 1.0963, the equivalent of €/LBP 1,652.67, appreciating against the US Dollar by 0.64%. The Euro gained some Read More
In its quarterly analysis for Q1, 2016, Business Monitor International assessed each of the strengths, weaknesses, opportunities and threats (SWOT) of the Lebanese Read More
Equity Research
Blominvest Issues a REDUCE rating on Arab Bank with a Target Price of JOD 5.86/share on Expected Slow Results
We recommend a Reduce rating on Arab Bank’s share, as we expect this year to close on a 2.17% decline in profits Read More
Even though tourism is not a major contributor to the country’s national output, Egyptian authorities heavily rely on the sector to Read More
The unconsolidated financial statements of Odeabank, Bank Audi’s Turkish subsidiary, posted $12.85M net profits up to September 2015, compared to a $3.85M Read More
During the week ending November 19, 2015, broad Money M3 increased by LP 66B ($43.91M) to reach LP 183,879B ($121.98B). M3 registered a 4.88% yearly Read More
Political talks concerning ceasing the presidential vacuum pushed the demand for Lebanese Eurobonds higher. Hence, the BLOM Bond Index (BBI) went up Read More
The positive performance of the real estate and banking sectors pushed the BLOM Stock Index (BSI) up by 1.24% to 1,172.47 points following the Read More
On the London Stock Exchange (LSE), 38,532 GDRs worth $372,956 were traded on Thursday. In details, the GDRs of Solidere added 1.94% to $10.50, where 31,503 GDRs Read More
