London close: Stocks higher as investors digest Powell speech
23rd Aug 2024 14:33
(Sharecast News) - London markets closed in positive territory on Friday, as investors digested remarks from US Federal Reserve chairman Jerome Powell at the annual Jackson Hole economic symposium.
Read moreFTSE 250 movers: Direct Line in the red, Ithaca Energy rebounds
23rd Aug 2024 12:13
(Sharecast News) - The FTSE 250 remained just above the waterline in Friday afternoon trading as investors awaited Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium.
Read moreBank of Georgia unveils buyback plan as Q2 profits rise
22nd Aug 2024 07:17
(Sharecast News) - Bank of Georgia has announced a £21m share buyback programme as it unveiled its results for the second quarter, in which it delivered an 11% increase in profits as it incorporated Armenian bank Ameriabank into its P&L for the first time post-acquisition.
Read moreBank of Georgia delivers solid Q1 as profit jump
29th May 2024 07:07
(Sharecast News) - First-quarter profits at Bank of Georgia were up by more than a fifth, helped by favourable macro conditions and the recent acquisition of Armenia's Ameriabank.
Read moreLondon close: Stocks green as US inflation comes in cooler
15th May 2024 15:00
(Sharecast News) - London markets ended on a positive note on Wednesday, with strong showings from the likes of Experian and Imperial Brands, as investors digested slower-than-expected consumer inflation figures out of the United States.
Read moreLondon close: Stocks manage gains as unemployment rises
14th May 2024 16:40
(Sharecast News) - London stocks closed higher on Tuesday, as investors analysed the latest UK jobs data and remarks from Bank of England chief economist Huw Pill.
Read moreBank of Georgia gets green light for Ameriabank acquisition
2nd Apr 2024 07:23
(Sharecast News) - Bank of Georgia announced a milestone in its expansion plans involving the acquisition of Ameriabank on Tuesday.
Read moreLondon close: Stocks finish mixed after Reckitt compo blow
15th Mar 2024 15:07
(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.
Read moreBank of Georgia upbeat after jump in full-year income
15th Mar 2024 08:35
(Sharecast News) - Bank of Georgia Group posted a jump in full-year income on Friday, boosted by strong lending and favourable macroeconomic conditions.
Read moreLondon close: Stocks manage gains on globally quiet day
19th Feb 2024 15:59
(Sharecast News) - London's financial markets finished in positive territory on Monday, with stocks closing in the green after overcoming minor losses earlier in the session.
Read moreBank of Georgia to buy Armenia's Ameriabank for $303.6m
19th Feb 2024 07:29
(Sharecast News) - Bank of Georgia said on Monday that it has agreed to buy Armenia's Ameriabank for around $303.6m.
Read moreLondon close: Stocks manage gains despite UK recession news
15th Feb 2024 14:55
(Sharecast News) - London markets had a mixed but ultimately positive day of trading on Thursday, despite news that the UK fell into a technical recession at the end of 2023.
Read moreBank of Georgia in talks over potential acquisition of Ameriabank
15th Feb 2024 11:25
(Sharecast News) - Bank of Georgia confirmed on Thursday that it is in advanced talks with Ameriabank about a potential acquisition of the Armenian bank.
Read moreBank of Georgia inks fresh financing deals
28th Dec 2023 16:48
(Sharecast News) - Bank of Georgia Group announced two fresh financing agreements on Thursday, aimed at supporting sustainable initiatives and promoting economic growth in Georgia.
Read moreLondon close: Stocks slip as US jobless claims top expectations
28th Dec 2023 16:46
(Sharecast News) - London's stock markets experienced a modest decline on Thursday, as the day unfolded with a pronounced lack of significant market-moving developments.
Read more