Total of $10.9 mln traded at NASDAQ OMX ARMENIA stock exchange last week

Capital market

YEREVAN, April 15. ARKA/. The Central Bank of Armenia said Monday a total of  about $10.9 million was traded at NASDAQ OMX Armenia stock exchange from 8 to 13 April, as compared to $11.2mln in the week before.

It said an average weighted exchange rate was 417.92 drams per $1 at NASDAX OMX Armenia. There were no transactions 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- 417.40 drams).  –0–

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