Stock of Politics Investing in stocks is pure speculation. But for Solidere, the most active company on the Beirut Stock Exchange (BSE), taking up over 70% of the total market …
Money Matters
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• The new all-time highs recently reached by the utilities and financial sector indexes are probably a positive major-trend sign, but they don’t rule out interim stock-market weakness. Sentiment and …
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•We are patient bulls on the medium-to-long-term prospects for US equities. • For some time, we have applied comparatively optimistic multiples ranging from 25 to 28 to estimates of the …
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W orld commodity prices have strengthened signifi- – candy since mid-1999, as evidenced by the 25% rise in the IMF index of primary commodity prices in the past 12 months. …
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SOLIDERE The general investor sentiment toward the Lebanese GDRs remains unchanged with local and foreign investors waiting for the upcoming elections for an efficient macroeconomic policy. Solidere’s GDR rose 15.28% …
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Better than without Faisal Mokdad sees nothing wrong with his water filteringbusiness. His company, Aqua Life, doesn’t have a license,and Mokdad says he’ll probably never be able to afford thealmost …
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Y ou don’t have to pick up a copy of the National Enquirer to know that insurance firms are going to bed with banks these days. The megamerger of Citicorp …
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T he rating agency just won’t quit. Two months ago Standard & Poor’s (S&P) threatened that if the government didn’t do something about fiscal problems running wild, Lebanon would be …
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No stop sign Banque du Liban et d’Outre-Mer (BLOM) keeps plowing ahead on profit growth. The leading Lebanese bank in terms of assets, deposits and profit volume earned $39.3 million …
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It’s funny how a passing comment can send gyrations across an entire nation. Mustapha Miro, Syria’s prime minister, made a curious remark while casting his vote at the recent referendum …
