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Two Georgian companies positively complete trading at London Stock Exchange

Finance Materials 28 October 2019 09:26 (UTC +04:00)

BAKU, Azerbaijan, October 28

By Tamilla Mammadova – Trend:

At the London Stock Exchange, where four Georgian companies are listed, two of them positively completed trading last week, while the shares of other two companies depreciated, Trend reports citing Georgian media outlets.

The Bank of Georgia sold over 226,000 securities for 2.9 million pounds, while Georgia Capital Bank sold 96,000 shares for 945,000 pounds.

Meanwhile, some 18,000 securities of Georgia Health Group were sold for 36,000 pounds; 240,000 shares of TBC Bank were sold for 3.1 million pounds.

The most expensive Georgian company at the London Stock Exchange, according to Georgian Galt&Taggart investment company, is TBC Bank with a market capitalization of 728 million pounds. This is followed by Bank of Georgia with 633 million pounds, Georgia Capial Bank - 354 million pounds and Georgia Health Group - 257 million pounds.

The shares of all four companies have been depreciated since January 1. Shares of the Bank of Georgia decreased by 6.46 percent, Georgia Capital Bank - by 5.39 percent, Georgia Health Group - by 4.17 percent, TBC Bank - by 13.27 percent.

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