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Total value of Georgian companies increases by nearly 50M pounds

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08/15/2019 | 12:17am EDT

The total value of Georgian companies has increased by approximately 49 million pounds over the past seven days, as far as market capitalization goes, Trend reports with reference to bm.ge.

Last week, when the market capitalization of Georgian companies decreased by 250 million pounds, their total value was 2.5 billion pounds, and now it is increasing to 2.1 billion pounds.

About 378,000 shares of TBC Bank were sold on the London Stock Exchange for 5.1 million pounds. At the same time, the Bank of Georgia sold more than 217,000 shares for 3 million pounds, Georgia'sCapital Bank - more than 139,000 shares for 1.3 million pounds.

The market capitalization of the Bank of Georgia costs $664 million, although it decreased by $48 million over 7 days, the value of Georgia'sCapital Bank is $364 million, the Georgia Health Group is valued at $ 335 million, the market capitalization of TBC Bank has increased by $51 million, and currently stands at $740 million.

Since January, the reference index of Georgia ranged from 138 points to 140 points and remained virtually unchanged, although this week it grew by 20 points. Currently, it consists of 160 units.

© 2019 Trend News Agency ALL RIGHTS RESERVED, source News Service

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