Transactions totaling AMD 740.9 million effected at NASDAQ OMX Armenia stock exchange in November

23.12.2011 18:54
Transactions totaling AMD 740.9 million effected at NASDAQ OMX Armenia stock exchange in November

YEREVAN, December 23. /ARKA/. Transactions effected at NASDAQ OMX Armenia stock exchange in November totaled AMD 740.9 million – 14.8 times greater amount than that of the deals effected in the previous month.

According to the information available on the stock exchange’s website,

Transactions on corporate bonds amounted to AMD 210.5 million in November and made up 28% of total amount.

Deals on government bonds amounted to AMD 526.3 million and constituted 71% of the total amount, and those on stocks AMD 4.1 million and 0.6%.

Arman Mlayan, chief of Araratbank’s unit in charge of dealing, said this precipitous growth in transactions on corporate and government was due to the placement of National Mortgage Company’s bonds and the central bank’s activity.

ARKA News Agency’s analysis based on NASDAQ OMX Armenia stock exchange’s reports shows that transactions were effected on government bonds and two private companies’ stakes and corporate bonds.

NASDAQ OMX Armenia (former Armenian Stock Exchange, Armex), was established in 2001 as a voluntary merger of broker (dealer) companies.

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 NASDAQ and OMX merged in March 2008, Armex and CDA have become fully owned by the NASDAQ OMX Group, Inc.

On January 27, 2009, Armenian Stock Exchange was renamed NASDAQ OMX Armenia.

Twelve stocks and six corporate bonds were listed here as of September 30, 2011. ($1 – AMD 382.36). -0-


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