According to Galt & Taggart, Georgia Capital (CGEO LN)’s stock price is up 4.97% over last month.
Giorgi Alpaidze, the Chief Financial Officer of Georgia Capital, noted that the increase in the price of shares is related to the current situation in the global market.
In the global market, there is an expectation regarding the reduction of the interest rate, which causes the increase in the share price. It is also related to the growing rate of GDP, he says.
By Mariam Mtivlishvili
