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Total amount of repo deals shrink 45.6% to amd 2.05 billion in 2011 at Armenia’s stock exchange

YEREVAN, February 17. /ARKA/. Konstantin Saroyan, director of NASDAQ OMX Armenia stock exchange, speaking Friday at a news conference, said 58 deals worth AMD 2.5 billion have been effected at the stock exchange in 2011, 45.6% decrease from the previous year.

He explained this decrease by 75% decline in corporate bond trading to AMD 708.98 million.

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-

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