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Total of $17.49 million traded at NASDAQ OMX ARMENIAN stock exchange last week

YEREVAN, February 19. /ARKA/. The Central Bank of Armenia said a total of about $17.49 million were traded at Nasdaq OMX Armenian stock exchange on February 11-15, against $12.1mln the week before.

USD average exchange rate was 406.62 drams per $1. No transaction was effected in euro 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=406.55drams).  -0-

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