Nearly $3.7mln traded at NASDAQ OMX Armenia stock exchange last week

YEREVAN, January 26. /ARKA/. The Central Bank of Armenia said nearly $3.7 million was traded at NASDAQ OMX Armenia stock exchange from January 19 to January 23, 2015.

No dollars were traded on the stock exchange the week before, from January 12 to 16, according to the report.

It said an average weighted exchange rate was 470 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=471.02 drams). –0–

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