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Share transactions at NASDAQ OMX Armenia ups twice to nearly $1 mln in 2012

YEREVAN, February 25. /ARKA/. Volume of share transactions at NASDAQ OMX Armenia stock exchange rose twice in 2012 from a year earlier.

Share transactions totaled in 410.8 million drams or about $1 million against 199.7 million drams in 2011, according to NASDAQ OMX Armenia.

The volume of registered share transactions valued at 2.35 million drams in 2012 versus 542,800 a year earlier.

Artsakh HEK (HPP) OJSC was a leader in share transactions last year. They are said to value at 126 million drams or 30.4% of the aggregate volume of share transactions.

Corporate bond transactions within the reported period dropped by 40.2% to 402.2 million drams (nearly $988,000). Volume of the registered corporate bonds valued at nearly 15.2 million drams against 35.2 million drams in 2011.

The highest volume of corporate bond transactions was processed by SHEN-CONCERN (247.8 million drams or 59.3% of the aggregate volume of corporate bond transactions).

Government bond transactions amounted to 4.18 billion drams versus 5.3 billion drams in 2011.
Total transactions with securities at NASDAQ OMX Armenia in 2012 hit nearly 5 billion drams instead of 2011’s 6.2 billion drams.

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- 407.49 drams).—0-

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