YEREVAN, December 6, /ARKA/. A total of $59 million worth deals were traded at NASDAQ OMX Armenia stock exchange in November, an equivalent of 21.3 billion Armenian Drams.
According to an analysis, made by ARKA news agency, the figure represents a 17.6% decline from the previous month of October or by $12.6 million or 4.4 billion Drams. The number of transactions in November contracted by 205 as opposed to October, falling to 464.
The largest amount of deals was reported by NASDAQ OMX Armenia on November 17 when $5.3 million worth deals were traded and the lowest on November 5 when only $250,000 were traded. No deals in Euro was registered in the reporting period of time.
“NASDAQ OMX Armenia is the only stock exchange operating in Armenia. The company is part of the NASDAQ OMX Group, Inc. For nearly a decade now, the stock exchange has been the organized market for securities in Armenia offering market professionals a fully automated electronic trading platform.
Today, instruments traded on the stock exchange include stocks, corporate bonds, Government and Central Bank bonds, REPO (repurchase agreements) on corporate bonds, currency, as well as credit resources. After becoming part of NASDAQ OMX in early 2008, the stock exchange has further increased its efforts to implement the best standards and practices for company listing, for the purpose of further enhancing investor confidence in the Armenian market.
NASDAQ OMX Armenia is a member to the Federation of Euro-Asian Stock Exchanges and the International Association of CIS Exchanges. ($1 – 360.06 Drams). -0-
