The Beirut Stock Exchange (BSE) declined for the second day, where the BLOM Stock Index (BSI) lost 0.05% to settle at 1,186.19 points. The Read More
Equity Research
Alert on H1 2014 – Maintaining a HOLD on Yamama Cement on a positive reform in the Saudi equity market
We maintain our HOLD rating on Yamama with a higher target price of SAR 63.18 per share on positive reform in the Saudi 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 Read More
More than a year after its creation, BLOM Lebanon Purchasing Manager’s Index TM (PMI) is still providing relevant early insights about Read More
Following the security breaks in the second half of June, the Lebanese private economy contracted at a faster pace as companies’ output Read More
As stated in the latest released figures by the Association of Car Importers in Lebanon (AIA), by the end of the fifth Read More
In an era of unprecedented technology evolution, mobile technologies are gaining the spotlight. Shopping at ease, getting medical assistance, settling bank bills, Read More
Equity Research
Alert on FY 2013 – Maintaining a HOLD on Holcim Liban on lack of robust growth in fundamental indicators
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 Read More
The first six months of 2014 saw a rebound in the Lebanese safe assets market. Lebanon kept on suffering the local and regional Read More
Equity Research
Alert on Q1 2014 – Upgrading Global Telecom to a HOLD on potential improving fundamental conditions
We revise up our target price on Global Telecom to EGP 5.60 per share, upgrading to a HOLD recommendation as we believe the Read More
