Georgian Companies Experience Significant Drop on London Stock Exchange

The capitalization of three Georgian companies listed on the London Stock Exchange experienced a significant drop, with a total decrease of £185 million from the previous week. The current capitalization of Bank of Georgia Group, TBC Bank Group, and Georgia Capital stands at £3.009 billion.

Bank of Georgia Group (BGEO LN) shares fell by 7.67% compared to the previous week and increased by 1.31% over the past month. The trading volume of the shares was more than 527 thousand shares and was traded between the range of £26.20-£30.30. The average daily trading volume for the last four weeks was 84 thousand shares.

TBC Bank Group (TBCG LN) shares decreased by 3.85% compared to the previous week and declined by 1.86% over the last month. The trading volume of shares was over 217 thousand and was traded within the range of £22.65-£25.25. The average daily trading volume for the last four weeks was 51 thousand shares.

Georgia Capital (CGEO LN) shares also decreased by 5.48% compared to the previous week, however, increased by 4.47% over the past month. The trading volume of shares was more than 392 thousand and traded within the range of £7.94-£8.50. The average daily trading volume for the last four weeks was 54 thousand shares.