Make it your homepage |   E-mail: Subscribe Unsubscribe


Thursday, April 24, 2014
News Making Money

Georgian Weekly Market Watch (January 28 – February 1)

04/02/2013 19:45 (443 Day 13:31 minutes ago)

The FINANCIAL -- Last week, London traded Bank of Georgia Holdings (BGEO LN) share price increased 5.8% to GBP 13.10. During the week, up to 800,000 shares were traded in the range of GBP 12.26-13.19.

ADVERTISEMENT


In the debt world, Georgia Sovereign (GEORG, -0.4% to 118.8), Georgian Oil and Gas Corporation (GEOROG, -0.5% to 105.1), Georgian Railway (GRAIL 07/22, -0.5% to 118.1) Eurobonds prices were all down while Bank of Georgia (GEBGG, 0% at 104.6) remained at the same level.

 

On the Georgian Stock Exchange, Liberty Bank (BANK GG) shares closed at GEL 0.007 (+7.7%) and Bank of Georgia shares (GEB GG) went up 4.8% to GEL 22.00, pushing BG Index up by 4.6% to GEL 507.4

Last week, the National Bank of Georgia (NBG) issued 7-day refinancing loans in the amount of GEL 120mn with an average yield amounting 5.26% (up 1bps). NBG also sold  84-day, GEL 30mn Certificates of Deposits last week. The average yield was 5.89% (down 9 bps).

Georgia’s monthly CPI up 0.3% -- Georgia’s monthly CPI grew 0.3% in January, while the annual deflation amounted 1.6% from 1.4% in December. Transportation services was down 0.5% m/m, while food prices increased 2.6% m/m. On an annual basis, food prices are down 2.7% and transportation is also down 0.5%.

 

 

Make Your Comment

Add NewSearchRSS
Only registered users and facebook social network members can write comments!

This text is replaced by the Flash movie.
This text is replaced by the Flash movie.
Politics
“The former Yugoslav Republic of Macedonia”: presidential election and early parliamentary elections

23/04/2014 16:38 (16:38 minutes ago)

The FINANCIAL -- A 14-member delegation of the Parliamentary Assembly of the Council of Europe (PACE), led by Stefan Schennach (Austria, SOC), will travel to “the former Yugoslav Republic of Macedonia” from 25 to 28 April to observe the conduct of the presidential election (2nd round) and the early parliamentary elections, alongside observers from the OSCE’s Parliamentary Assembly and Office for Democratic Institutions and Human Rights (ODIHR), according to PACE.

Read more...



TRAVEL BIZ »
PRESS RELEASES »
FINANCIAL »
UKRAINE »
GEORGIA »
WORLD »
BANKS »
BUSINESS »
TECH »
MARKETS »
B SCHOOLS »
SPECIAL REPORTS »

Markets
Major Cloud Service Providers Slash Prices; Threaten Smaller Players’ Existence: IDC Warns

19/04/2014 13:40 (4 Day 19:36 minutes ago)

The FINANCIAL -- In the last week of March, major Cloud Service Providers (CSPs) in Asia dropped their prices for core services dramatically and IDC believes that this will make it very difficult for smaller CSPs to remain in business if they continue to rely on provision of basic, undifferentiated services, according to International Data Corporation (IDC).

INSURANCE
Zurich identifies seven cyber risks that threaten systemic shock

23/04/2014 17:00 (16:16 minutes ago)

The FINANCIAL -- The recently published Zurich Cyber Risk Report, created in collaboration with the international think tank Atlantic Council, argues that cyber-risk management professionals need to look beyond their internal information technology safeguards to interconnected risks which can build up relating to counterparties, outsourced suppliers, supply chains, disruptive technologies, upstream infrastructure and external shocks, according to Zurich Insurance Company.

Read more...






Developed by Aleksandre Chiabrishvili

Design built by Creo Group