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Georgian companies see increase in price for shares, bonds on London Stock Exchange

Georgia Materials 18 April 2022 11:21 (UTC +04:00)
Georgian companies see increase in price for shares, bonds on London Stock Exchange
Maryana Ahmadova
Maryana Ahmadova
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BAKU, Azerbaijan, April 18. The value of Georgia's Sovereign Eurobonds on the London Stock Exchange increased by 0.62 percent over the past week to 87.15 points with a yield of 6.44 percent, Trend reports, citing Galt & Taggart investment bank.

According to the bank, the value of Eurobonds of the Bank of Georgia also increased by 0.06 percent over the week to 100.61 points, while the auction closed with a yield of 5.49 percent.

Transactions on Eurobonds of Georgia Capital closed at 96.25 points with a yield of 8.30 percent, during the week the price decreased by 0.11 percent.

The value of Eurobonds of the Georgian Railway over the past week increased by 0.01 percent to 86.04points, the yield was 6.81 percent.

According to Galt & Taggart, the price of shares of Bank of Georgia on the London Stock Exchange increased by 0.82 percent over the week and amounted to 12.30 pounds per share. Transactions were made for the purchase and sale of 232,000 securities of the bank, while the price fluctuated in the range of 11.96-12.50 pounds per share.

TBC Bank shares increased in price by 6.27 percent to 12.20 pounds per share over the week. Transactions were made for the purchase and sale of 118,000 securities of the bank, while the price fluctuated in the range of 11.50-12.26 pounds per share.

Meanwhile, the price of shares of Georgia Capital for the week decreased by 4.34 percent and amounted to 6.17 pounds per share. Transactions were made for the purchase and sale of 558,000 securities, while the price fluctuated in the range of 6.07-6.65 pounds.

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