On the London Stock Exchange (LSE), the GDR shares of Solidere gained 0.93% to $10.90, with 600 shares being traded with a value of $6,540, on Read More
At 12:00 Beirut time, the Euro was quoted at €/$ 1.0578, the equivalent of €/LBP 1,594.63, depreciating against the US Dollar by 0.15%. The euro continued its Read More
Demand for Lebanese Eurobonds saw a decline on Friday, as shown by the BLOM Bond Index (BBI) that lost 0.29% to 102.43 points. The Read More
Fiscal deficit, for the first three quarters of 2015, broadened 17.38% year-on-year (y-o-y) to $2.61B. This was attributed to the 8.61% yearly decrease in revenues Read More
Most countries are moving financial inclusion up their reform agendas, with around 60 governments setting financial inclusion as a formal target. This year’Read More
Lebanese Forex Market: Demand for the Lebanese Pound on the Lebanese forex market increased this week as the exchange rate went down Read More
Positive political developments on the Lebanese front, with bills being passed and talks on filling the presidential void, boosted the Lebanese during Read More
Equity Research
Blominvest Issues a SELL Rating on Ezz Steel on Continuing Losses in 2015Q2 and Weak Prospects
BLOMINVEST downgraded their rating on EZZ Steel from HOLD to SELL with a target price of EGP 7.45, as they don’t see Read More
Lebanese Forex Market: Demand for the dollar on the Lebanese forex market increased this as the exchange rate rose from last week’Read More
As 3 out of the 6 traded stocks on the Lebanese Bourse ended in the green, the BLOM Stock Index (BSI) increased by 0.28% on Read More
