YEREVAN, December 16. /ARKA/. A total of $15.8 million were traded at NASDAQ OMX Armenia stock exchange from December 9-13, against $6.45mln in the previous week, the Central Bank of Armenia told ARKA.

It said the average weekly exchange rate of USD at the exchange was 404.71 drams. The Central Bank said also no transactions with euros or Russian rubles were effected in the week.

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=404.95drams).  –0--