AMD 15.7 billion worth transactions carried out at NASDAQ OMX Armenia in 1st Q 2014

YEREVAN, June 17. /ARKA/. Transactions totaling AMD 15684.9 million were carried out at NASDAQ OMX Armenia over the first quarter of this year – 8.9% year-on-year growth, the National Statistical Service of Armenia reports.

Repo transactions effected at the stock exchange totaled AMD 308.6 million in late March.
Transactions on stocks amounted to AMD 1480.7 million, on government bonds about AMD 10087.9 million and on corporate bonds 3807.7 million.

Some 443 transactions were effected and 15 organizations were listed at the stock exchange over the mentioned period.

The deals effected by the entities providing investment services totaled AMD 1293.2 billion in the 1st Q 2014.

In 2013, the transactions effected here over the year totaled AMD 24.3 billion.

Nine investment-providing organizations and 21 commercial banks operated in Armenia in the first quarter of this year. There were 16 issuing banks in the 1st Q 2014.

NASDAQ OMX Armenia (former Armenian Stock Exchange, Armex), was established in 2001 as a voluntary merger of broker (dealer) companies.

In early November 2007, the stock market was reorganized into an open joint stock company.

In January 2008, Nordic exchange operator OMX Group acquired 100% of shares of the Armenian Stock Exchange (Armex) and in June 2009 it became the sole shareholder of 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.

In November 2005, the stock exchange got a license from the Central Bank of Armenia for conducting foreign exchange auctions and the first trading session was held on November 15, 2005. ($1 – AMD 411.86). —0—-

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