The BLOM Bond Index (BBI) decreased by 0.35% to 102.56 points, recording a 1.5% decline since the beginning of the year. The yields on the 5Read More
At 12:31 Beirut time, the Euro was quoted at €/$ 1.0888, the equivalent of €/LBP 1,641.37, depreciating by 0.01% against the US Dollar. The euro fell against Read More
According to the Association of Lebanese Banks, gross public debt grew to $70.4B by November 2015 indicating a 5.71% increase on a year-on-year basis Read More
Amid a challenging political, economic, and security environment, the decision of investing in Lebanon and specifically in which sector could be crucial Read More
While demand for short and medium term Lebanese Eurobonds declined on Monday, appetite for medium long term maturities remained relatively stable. As Read More
Only three of the listed Lebanese Global Depository Receipts (GDRs) were traded on the London Stock Exchange (LSE) on Monday. 14,987 BLOM GDRs Read More
Financial Markets
Foreign Decline Demand of Lebanese Eurobonds Held Back the BBI Throughout the Week
Demand for Lebanese Eurobonds weakened throughout the week amidst foreign sell off of medium and long term notes. This was illustrated by Read More
During the three weeks ending December 24, 2015, broad Money M3 increased by LP 1,925B ($1.28B) to reach LP 186,182B ($123.50B). M3 registered a 5.20% Read More
Jewelry has been lustrous, having unfathomable significance in different cultures. It has been cherished not only for its ornamental worth, but also Read More
We recommend a hold rating on the CIB stock with a target price of EGP 32.14 using a Dividend Discount Model, despite the Read More
