YEREVAN, December 4. /ARKA/. The total amount of transactions effected at NASDAQ OMX Armenia stock exchange in the third quarter of this year dropped by 7.1% from the year earlier to 3.8 billion Armenian drams, ArmStat reports.

ArmStat said the amount of repo transactions stood at 581.6 million drams as of the end of the reporting quarter. Transactions with shares amounted to 57.9 million drams, transactions with government bonds to about 2,144.1 million drams and transactions with corporate bonds to 1,021.3 billion drams. Overall, 134 transactions were effected and 14 companies were listed at the stock exchange.

Transactions by persons providing investment services amounted to 1 464.4 billion drams in Q3, having increased by 2.6% from the year before.

According to ArmStat, there were 8 organizations providing investment services and 15 security issuers in Armenia as of the third quarter.

NASDAQ OMX Armenia (former Armenian Stock Exchange, Armex), was established in 2001 as a voluntary merger of 21 broker (dealer) companies. In November 2007 the stock exchange was reorganized into OJSC. OMX (current NASDAQ OMX) is a holder of 100% stock of NASDAQ OMX Armenia.

The stock exchange obtained 100% stock of Armenia’s Central Depository. NASDAQ OMX Armenia received a trade license from CBA on November 7, 2005. The trades on the stock exchange were officially launched on 15 November 2005. ($1=404.23drams).–0--