AMD 38.4 billion worth transactions carried out at NASDAQ OMX Armenia in 2nd Q 2014

04.09.2014 14:49
AMD 38.4 billion worth transactions carried out at NASDAQ OMX Armenia in 2nd Q 2014

YEREVAN, September 4. /ARKA/. Transactions totaling AMD 38,433.7 million were carried out at NASDAQ OMX Armenia over the second quarter of this year – a 2.4-time year-on-year growth, the National Statistical Service of Armenia reports.

In 2013, the total volume of transactions was 24.3 billion drams.

Repo transactions effected at the stock exchange totaled AMD 711.3 million at the end of the quarter.
Transactions on stocks amounted to AMD 26.8 billion, on government bonds about AMD 7,779.8 million and on corporate bonds 3,130.6 million.

Some 280 transactions were effected and 16 organizations were listed at the stock exchange over the period.

The deals effected by the entities providing investment services totaled AMD 1,298 billion in the second quarter.

Eight investment-providing organizations and 21 commercial banks operated in Armenia in the period. There were 16 issuing banks in Q2 2014.

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

In early November 2007, the stock market was reorganized into an open joint stock company.
In January 2008, Nordic exchange operator OMX Group acquired 100% of shares of the Armenian Stock Exchange (Armex) and in June 2009 it became the sole shareholder of 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.

In November 2005, the stock exchange got a license from the Central Bank of Armenia for conducting foreign exchange auctions and the first trading session was held on November 15, 2005. ($1 – AMD 410.73). –0--


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