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Georgia creates stock exchange index

Business Materials 1 July 2010 16:22 (UTC +04:00)

Georgia, Tbilisi, July 1 / Trend N. Kirtskhalia /

Observers' Council of Georgian Stock Exchange decided to create an index GSX Stock Exchange.

The index GSX is the official indicator of the trading system of the exchange. Its value is stipulated by prices for shares included in the index portfolio of leading companies admitted to the Stock Exchange of Georgia, and their changes.

The observation council included shares of 10 companies, including Bank of Georgia, United Telecom, Liberty Bank, Teliani Valley, Telasi, Amalthea, VTB-Bank of Georgia, in the portfolio of stock index GSX.

As a result of a stock market index of Georgia, the country joined the list of countries where exchanges announce daily about the current value of the index interested in obtaining business information.

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