YEREVAN, August 12. /ARKA/. As many as 189 transactions worth AMD 410.3 million were effected with corporate bonds at NASDAQ OMX Armenia in Jan-June 2016, according to the stock exchange’s website.
This is 11.3% more than at the same period a year earlier, when 101 transactions worth AMD 368.6 million were effected.
This year-on-year growth was mainly due to new bond emissions of Armenia’s banks and credit organizations, which in addition to dram bonds started issuing dollar bonds.
Transactions on government bonds showed year-on-year growth in Jan-June 2016 as well – 218 transactions worth AMD 9.6 billion were effected at the mentioned period against 179 transactions worth AMD 5.57 billion a year before.
Instead, transactions with stocks have considerably shrunk over the mentioned period of this year – 40 stock deals worth AMD 543.6 million were carried out in Jan-June 2016 against 119 transactions worth AMD 3 955 million in Jan-June 2015.
Foreign exchange platform at NASDAQ OMX Armenia was flagging in Jan-June 2016 – there were no transactions for weeks.
As many as 35 dollar exchange transactions worth $3.85 million (AMD 1 858.6 million) were recorded here in the first half of this year, while at the same period of the previous year 1,155 deals worth $181.59 million (AMD 86.3 billion) were reported .
The same is going on also now – not a single forex deal has been made here over about three months.
The last forex transaction worth $100,000 was recorded at the stock exchange on May 17, when the dollar traded at 477.75 drams.
NASDAQ OMX Armenia is the only stock exchange currently operating in Armenia. On January 26, 2009, Armenian Stock Exchange ojsc was officially renamed as NASDAQ OMX Armenia ojsc. On June 5, 2009, NASDAQ OMX Armenia ojsc became the owner of 100% of the shares of the Central Depository of Armenia ojsc.
On November 7, 2005, the Central Bank of Armenia provided a license to the stock exchange allowing it to organize foreign exchange auctions. –0—
