Home / Tag Archives: Galt&Taggart

Tag Archives: Galt&Taggart

New Investment Instrument Goes to G&T Trader

In September 2017 Galt&Taggart enabled its clients through G&T Trader platform to make investments in investment instruments attached to Bitcoin price. Starting today Galt&Taggart offers investment instruments built on Ethereum price. Taking into account the clients’ growing interest in cryptocurrency, Galt&Taggart has added two new investment instruments to G&T Trader: …

Read More »

Price of Shares of Georgian Companies Declines at LSE

According to Galt&Taggart investment company, price of shares of Georgian companies declined in the previous week. TBC Bank shares saw major contraction. Trades on BGEO Group shares closed at the price of 33.92 GBP, down 6.17% week on week and down 3.77% month on month. Deals were made on 252 …

Read More »

Electricity Consumption Grows by 13% in February

Domestic consumption of electricity has increased by 13% in February 2017, the monthly report on electricity market by Galt&Taggart reads. According to the report, electricity consumption increased mainly because of Abkhazia region and direct consumers. Consumption of distributing licensees rose by 9.1% in February: TELASI electricity consumption rose by 8.3%, …

Read More »

Azerbaijan Weekly Market Watch

Azerbaijan Weekly Market Watch

Galt&Taggart Publishes Report on Main Developments that Took Place in Azerbaijani Economy Last Week: CBAR reserves up 8.5% y/y to US$ 4.4bn After an 8.9% m/m increase in January 2017, Azerbaijan’s Central Bank (CBAR) reserves increased further (+1.0% m/m) to US$ 4.4bn in February 2017. In annual terms, reserves were …

Read More »

Azerbaijan Weekly Market Watch

Galt&Taggart Publishes Report on Main Developments that Took Place in Azerbaijani Economy Last Week: Non-performing loans up to 9.0% in December 2016 Total loans by commercial banks were up 1.0% m/m (-24.3% y/y) to AZN 16.4bn, driven by 0.7% m/m increase in local currency loans and continued depreciation, which led to …

Read More »

Major Deal Made on Nikora Trade Bonds

A major deal has been made on Nikora Trade bonds. About 200 bonds were sold through the so-called fixing instrument.  Price for each bond marked 1040.55 USD. Total value of the deal constituted 208 110 USD. This is the largest deal made ever on Nikora Trade bonds. Bonds coded as …

Read More »

Azerbaijan Weekly Market Watch

Azerbaijan Weekly Market Watch

Galt&Taggart Publishes Report on Main Developments that Took Place in Azerbaijani Economy Last Week: GDP down 3.8% y/y in 2016 Azerbaijan’s economy contracted 3.8% y/y in 2016, driven mainly by a 27.6% y/y decline in construction activity. Positive contribution to growth came from agriculture (+2.6% y/y), information and communication (+4.5% …

Read More »

Azerbaijan Weekly Market Watch

Azerbaijan Weekly Market Watch

Galt&Taggart Publishes Report on Main Developments that Took Place in Azerbaijani Economy Last Week: 2017 budget approved by the Parliament Azerbaijan Parliament approved the 2017 budget last week. Consolidated budget revenues are set at AZN 20.0bn (+1.5% compared to the original draft budget document), while expenditures are set at AZN …

Read More »

Azerbaijan Weekly Market Watch

Azerbaijan Weekly Market Watch

Galt&Taggart Publishes Report on Main Developments that Took Place in Azerbaijani Economy Last Week: ADB approved two funding channels for Azerbaijan amounting to US$ 1.5bn Asian Development Bank (ADB) will provide US$ 1.0bn in private and public sector assistance to expand Azerbaijan’s Shah Deniz II gas field. The assistance comprises …

Read More »

Azerbaijan Weekly Market Watch

Azerbaijan Weekly Market Watch

Galt&Taggart Publishes Report on Main Developments that Took Place in Azerbaijani Economy Last Week: Oil extractiondown at the Azeri-Chirag-Gunashli oil field in 3Q16 In 3Q16, oil production was down 2.5% y/y to 622,359 barrels per day at the Azeri-Chirag-Gunashli (ACG) oil field, operated by the BP-led consortium, as operations at …

Read More »

Azerbaijan Weekly Market Watch

Azerbaijan Weekly Market Watch

Galt&Taggart Publishes Report on Main Developments that Took Place in Azerbaijani Economy Last Week. Slight improvements in Azerbaijan’s Doing Business indicators According to the latest Doing Business 2017 report, Azerbaijan has moved from a revised 61st position to 65th position. While retreating in the global ranking, its distance to frontier …

Read More »