Banking
Posted: 3 days ago

Capitalization of Georgian Companies at London Stock Exchange Exceeds $1.56 Billion

The past week brought success to Georgian companies at the London Stock Exchange (LSE). Prices rose on shares of all three companies.

Consequently, the value of companies has also increased. Bank of Georgia's capitalization amounts to $630 million, TBC - $728 million, Georgia Capital - $204 million, up 22% compared to the previous six months. According to Galt&Taggart indicators, at the end of trading sessions, the price of a Bank of Georgia Group share (BGEO LN) was GBP 12.82, up 5.08% week on week and up 6.13% month on month. Deals were made on over 152,000 shares.

The price of a Georgia Capital (CGEO LN) share totaled GBP 5.56, up 2.96% week on week and up 4.51% month on month. Deals were made on 167,000 shares. The price of a TBC Bank Group (TBCG LN) share marked GBP 13.24, up 5.92% week on week and up 11.26% month on month.