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Over $19.9 mln traded at NASDAQ OMX ARMENIA last week

YEREVAN, December 10. /ARKA/. The Central Bank of Armenia said Monday over $19.9 million were traded at NASDAQ OMX Armenia stock exchange from 3 to 7 December, which was a 36.3% jump against a week earlier.

The weighted average exchange rate was 407.59 drams per $1 for the period. No transactions were effected with euros or Russian rubles.

NASDAQ OMX Armenia (former Armenian Stock Exchange, Armex), was established in 2001 as a voluntary merger of 21 broker (dealer) companies. In November 2007 the stock exchange was reorganized into OJSC. OMX (current NASDAQ OMX) is a holder of 100% stock of NASDAQ OMX Armenia.

The stock exchange obtained 100% stock of Armenia’s Central Depository. NASDAQ OMX Armenia received a trade license from CBA on November 7, 2005. The trades on the stock exchange were officially launched on 15 November 2005. ($1-  407.24 drams). —0-

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