Lebanon
Economy
We maintained our bullish position towards MENA stocks throughout the recent correction in global markets, and, although GCC bourses have undoubtedly suffered, we think they can regain...
2009-08-20Economy
Lebanon's BLOM Stock index has not been immune to the return of global risk appetite, although at 16.9%, its rally since late March does not compare to some others in the region....
2009-06-04Economy
BMI View: Lebanese markets continue to look very weak, and we do not see any improvement in the short term, amid tumultuous global conditions, ongoing political and economic stagnation...
2008-11-18Economy
On August 4, we examined the key implications of a US dollar bounce (which has been our core view since early July) on Middle Eastern currencies. With the greenback having rallied...
2008-10-06Economy
BMI View: We remain bearish towards Lebanese stocks, which have now lost 15.6% since we first expressed our negative view.
2008-09-25Economy
Another horrible weekend for the GCC stock markets, in line with the bearish view we first promoted around January, and reiterated on Friday. Saudi Arabia led the decline on Saturday,...
2008-09-08Economy
We remain bearish the BLOM Stock Index, in spite of a small bounce at the close of this week. The market has fallen by 15.7% since we became bearish on July 14, and we see little...
2008-09-05Economy
We warned on July 14th that the failure of Lebanon's BLOM stock index to react to the formation of the government was a negative signal, and in fact the index has fallen by 5.7% since...
2008-08-08
