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Forex deals worth $61.04 million effected at NASDAQ OMX Armenia stock exchange in January

YEREVAN, February 21. /ARKA/. Forex deals at NASDAQ OMX Armenia Stock Exchange totalled $61.04 million or AMD 22.3 billion in January.

ARKA News Agency’s analysis based on reports from the stock exchange shows that the amount grew 1.29% or by $780,000 (AMD 498.4 million), compared with December 2010, while the number of deals contracted by 44 to 455.

On January 26, forex transactions amounted to $11.7 million – this month’s maximum, and on January 27 they totaled $700,000 – minimum.

Not a single deal on the euro was effected at

NASDAQ OMX Armenia Stock Exchange in January.

NASDAQ

OMX Armenia (former Armenian Stock Exchange, Armex), was established in 2001 as a voluntary merger of 21 broker (dealer) companies.

In November 2007, Armex was reorganized into an open joint stock company.

On January 7, 2008, OMX (renamed

NASDAQ OMX) acquired 100% of shares of NASDAQ OMX Armenia.

On June 5, 2009, the stock exchange became the only shareholder at the Central Depository of Armenia.

The stock exchange got its licence for holding forex auctions.

In December, one dollar traded at 365.12 drams on average at NASDAQ OMX Armenia Stock Exchange. ($1 = AMD 365.83). -0-

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