YEREVAN, November 3. /ARKA/. The Central Bank of Armenia said nearly $12 million was traded at NASDAQ OMX Armenia stock exchange from October 27 to October 31. It stood at $9.6 million from October 20 to October 24, according to the report.
It said an average weighted exchange rate was 411.85 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=411.26 drams). –0–
