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Weekly review of Georgian capital markets

Finance Materials 27 March 2020 13:10 (UTC +04:00)
Weekly review of Georgian capital markets

BAKU, Azerbaijan, March 27

By Tamilla Mammadova – Trend:

On the London Stock Exchange, where four Georgian companies are listed, from March 16 to March 20, 2020, Bank of Georgia Group (BGEO LN) shares closed at 9.45 pounds/share (-23.17 percent week-on-week and -45.15 percent month-on-month), Trend reports via Georgian investment company Galt&Taggart.

As reported, more than 878,000 of BGEO shares traded in the range of 6.90 - 12.45 pounds/share.

Average daily traded volume was 124,000 in the last 4 weeks. FTSE 250 Index, of which BGEO is a constituent, lost 12.65 percent week-on-week and 37.84 percent month-on-month. The volume of BGEO shares traded was at 1.79 percent of its capitalization.

Georgia Capital (CGEO LN) shares closed at 3.85 pounds/share (-31.62 percent week-on-week and -50.45 percent month-on-month).More than 473,000 shares traded in the range of 3.70 - 5.50 pounds/share. Average daily traded volume was 67,000 in the last 4 weeks. The volume of CGEO shares traded was at 1.29 percent of its capitalization.

TBC Bank Group (TBCG LN) closed the week at 7.24 pounds/share (-34.54 percent week-on-week and -47.46 percent month-on-month). More than 1.4 million shares changed hands in the range of 7.04 - 11.06 pounds/share. Average daily traded volume was 172,000 in the last 4 weeks. The volume of TBCG shares traded was at 2.50 percent of its capitalization.

Georgia Healthcare Group (GHG LN) shares closed at 0.77 pounds/share (-10.23 percent week-on-week and -39.21 percent month-on-month). More than 375,000 shares were traded in the range of 0.60 - 0.83 pounds/share. Average daily traded volume was 69,000 in the last 4 weeks. The volume of GHG shares traded was at 0.29 percent of its capitalization.

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