Transactions in securities at NASDAQ OMX Armenia drop by 20 percent in may

08.06.2011 18:51
Transactions in securities at NASDAQ OMX Armenia drop by 20 percent in may

YEREVAN, June 8. / ARKA /. The total amount of transactions in securities effected at NASDAQ OMX Armenia stock exchange in 2011 May dropped to 154.8 million from 194.2 million in April, the stock exchange said in a press release. The drop amounted to 20.3%.

The amount of transactions in corporate bonds totaled o 37.7 million drams or 24.4% of all transactions in securities. The volume of trading in government bonds totaled 117 million or 75.6% of all transactions. And only 54,500 dram worth shares were sold and bought in May, making 0.03% of all transactions.

According to an ARKA analysis, based on NASDAQ OMX Armenia reports, Conversebank was the leader by size of corporate bonds transitions totaling in May 26.7 million drams or 70.7% of all corporate bond transactions.

The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, and with over 3,900 companies, it is number one in worldwide listings among major markets. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. In January 2008, Nordic exchange operator OMX Group acquired 100% of shares of the Armenian Stock Exchange (Armex) and the Central Depository of Armenia (CDA). After the combination of NASDAQ and OMX in February 2008, Armex and CDA have become fully owned by the NASDAQ OMX Group, Inc. On January 27, 2009, “Armenian Stock Exchange” ojsc was officially renamed as “NASDAQ OMX Armenia” ojsc. On June 5, 2009, “NASDAQ OMX Armenia” ojsc became the owner of 100% of the shares of the “Central Depository of Armenia” ojsc. -0-


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