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Weekly review of Georgian capital markets

Finance Materials 31 March 2020 12:55 (UTC +04:00)
Weekly review of Georgian capital markets

BAKU, Azerbaijan, March 31

By Tamilla Mammadova – Trend:

On the London Stock Exchange, where four Georgian financial institutions are listed, the price of shares of the Bank of Georgia increased by 2.17 percent from March 23 through March 27, 2020, Trend reports citing Georgian media.

On an annualized basis, the price of shares of the Georgia Capital increased by 12.21 percent, TBC Bank – 2.35 percent, while the price of shares of the Georgia Healthcare Group decreased by 0.78 percent.

As reported, 571,000 shares of the Bank of Georgia were sold for 5.4 million pounds, 652,000 shares of TBC Bank were sold for 10 million pounds, 230,000 shares of Georgia Capital were sold for 572,000 pounds, while 267,000 shares of Georgia Healthcare Group were sold for 262,000 pounds.

Market capitalization of Bank of Georgia amounts to 474 million pounds on the London Stock Exchange.

The market capitalization of TBC Bank is 408 million pounds, Georgia Capital - 173 million pounds, and of Georgia Healthcare Group - 100 million pounds.

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