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Weekly review of Georgian capital markets

Finance Materials 14 March 2020 15:04 (UTC +04:00)
Weekly review of Georgian capital markets

BAKU, Azerbaijan, March 14

By Tamilla Mammadova – Trend:

On the London Stock Exchange, where four Georgian companies are listed, the price of shares of the Bank of Georgia decreased by 21.46 percent from March 9 to March 13, 2020, Trend reports citing Georgian media.

On an annualized basis, the price of shares of the Georgia Capital increased by 20.59 percent, Georgia Healthcare Group – 22.35 percent, TBC Bank – 10.56 percent.

As reported, 771,000 shares of the Bank of Georgia were sold for 10.4 million pounds, 872,000 shares of TBC Bank were sold for 10 million pounds, 213,000 shares of Georgia Capital were sold for 1.2 million pounds, while 267,000 shares of Georgia Healthcare Group were sold for 262,000 pounds.

Market capitalization of Bank of Georgia amounts to 604 million pounds on the London Stock Exchange.

The market capitalization of TBC Bank is 610 million pounds, Georgia Capital - 226 million pounds, and of Georgia Healthcare Group - 113 million pounds.

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