Tue, 8 July
16.1 C
Yerevan
USD: 384.11 RUB: 4.88 EUR: 450.45 GEL: 141.38 GBP: 522.39

Government securities transactions worth 5.37 billion drams effected at NASDAQ OMX Armenia in 2011

YEREVAN, February 17. /ARKA/. A total of 5.37 billion drams worth transactions with government securities were effected in 2011 at NASDAQ OMX Armenia stock exchange, a slight decrease from the previous year, Konstantin Saroyan, director of the stock exchange, said on Friday.

The amount of stock transactions doubled in 2010, compared with 2009.

Saroyan said transactions on short-term government bonds accounted for 39.2, long-term transactions for 31.9%, and mid-term transactions for 28.9% of the deals.

The contraction of amount, he said, was due to certain factors.

First, commercial banks, being guided by the central bank’s decisions, keep trading government bonds by using off-market methods.

He said that the regulator provides the same services for free, while the stock exchange takes certain commission.

“Conclusion of transactions at the stock exchange is more advantageous, since a just market price is formed here and deals are effected on condition of anonymity,” Saroyan said. “Therefore, there are no bargain deals here. I think business entities, especially banks, should view this as priority.”

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

In January 2008, Nordic exchange operator OMX Group acquired 100% of shares of the Armenian Stock Exchange (Armex) and the Central Depository of Armenia (CDA).

Twelve stakes of 11 issuers and five corporate bonds of four issuers were listed here as of February 16, 2012. ($1 – AMD 389.13). –0-

spot_img

POPULAR

Moody’s affirms Armenian government ratings at Ba3 with stable outlook

On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.

Inflation of 3.9% registered in Armenia in June

In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Unibank becomes title sponsor of Urartu football club

Unibank and Urartu football club announced the start of a long-term partnership. On June 27, 2025, a signing ceremony was held at the club's training base, whereby Unibank has become the title sponsor of the club.

LATEST NEWS

spot_imgspot_imgspot_img