Georgian equities listed on the London Stock Exchange posted mixed performances over the past week, according to a weekly market review by investment bank Galt & Taggart.
Bank of Georgia Group PLC (BGEO LN) saw its share price rise 6.78% week-on-week to close at GBP 51.85, up 0.10% on the month. Trading volume exceeded 368,000 shares, with prices fluctuating between GBP 44.68 and 54.05. The four-week average daily trading volume stood at approximately 55,000 shares.
TBC Bank Group PLC (TBCG LN) recorded the strongest weekly gain among Georgian issuers, with shares advancing 10.87% to GBP 40.80. However, the stock is down 0.37% over the month. More than 786,000 shares changed hands during the week, within a price range of GBP 33.10 to 41.55. The average daily trading volume over the past four weeks was 164,000 shares.
Georgia Capital PLC (CGEO LN) underperformed its peers, falling 3.95% on the week and 8.76% over the month, to close at GBP 13.12. Weekly trading volume topped 492,000 shares, within a range of GBP 12.04 to 13.82. The four-week average daily volume was 77,000 shares.