Transactions with securities at NASDAQ OMX in August slash by 74 percent

YEREVAN, September 25. / ARKA /. The total amount of transactions with securities at NASDAQ OMX Armenia stock exchange in August 2012 slashed by 74 percent from the previous month to nearly 118.9 million drams, dramatically down from 457.5 million drams in July.

According to an ARKA analysis, based on aggregated data of the stock exchange, transactions with corporate bonds dropped to 48 million drams (40.3% of all transactions with securities), while the amount of transactions with government bonds dropped to 43 million (36.2 percent of all transactions). The rest – some 27.9 million drams- were transactions with shares.

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). After NASDAQ and OMX merged in March 2008, Armex and CDA have become fully owned by the NASDAQ OMX Group, Inc. On January 27, 2009, Armenian Stock Exchange was renamed NASDAQ OMX Armenia. As of late May of 2012, 12 shares, 11 issuers and 5 corporate obligations of 11 issuers have been registered and listed at NASDAQ OMX Armenia. ($1 – 407.18 drams).—0–

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