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Transactions with securities at NASDAQ OMX Armenia in September increase almost seven times

YEREVAN, October 6. / ARKA /. The total amount of transactions with securities at NASDAQ OMX Armenia stock exchange in September reached 1.72 billion drams, up from 253.1 million drams reported in August.

The volume of transactions with corporate bonds amounted to more than 21 million drams, or 1.2% of the total. The volume of transactions with government bonds amounted to about 1.7 billion drams or 98.6% of the total volume. Transactions with shares in September amounted to 3.2 million drams, or 0.2%.

According to an analysis made by ARKA news agency, based on aggregate data of NASDAQ OMX Armenia, apart from government bonds, shares and corporate bonds of three private companies were traded in September. The largest volume of transactions with corporate bonds in September was effected by Conversebank – more than 10.6 million drams, or 50.6% of total transactions with corporate bonds, effected at NASDAQ OMX Armenia.

NASDAQ OMX Armenia was founded in 2001 as a self-regulatory organization based on voluntary association of 21 broker (dealer) companies. On January 7, 2008 OMX (now NASDAQ OMX) acquired 100% of NASDAQ OMX Armenia.($ 1 – 375.29 drams). -0-

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