Armenian securities market capitalization grows by 27% to AMD 174 bln

YEREVAN, Feb. 7. /ARKA/. Summary data, released by the Armenian Securities Exchange (AMX) for January 2022 show a comparative rise in the volume of trade and market as opposed to January 2021, the press service of the exchange reported.

It said the volume of government bonds placed during the primary trading at the AMX made AMD 52 bln.

The total volume of trading in the secondary market of government bonds in January exceeded 8.5 billion drams, having increased by 65% as compared to January 2021. Fifty-nine deals were concluded with state treasury bonds.

The volumes of the market and trading in corporate bonds have maintained their growth momentum compared to previous years. The volume of the corporate bond market in January 2022 amounted to more than 490 billion drams, which is 8% higher than in the same period last year.

Corporate bond trading volume increased by 78% compared to January 2021, exceeding the 3.6 billion-dram threshold. Some 180 deals were effected with corporate bonds. The number of traded corporate bonds also increased compared to previous years to 104.

The total volume of repo deals amounted to 3.2 billion drams, which exceeds the corresponding figure for January 2021 by 41%.

The volume of equity trading increased compared to the same period last year, reaching 6.4 million drams. Market capitalization rose by 27% as compared to the previous year, reaching 174 billion drams. Nine deals were made with the shares.

AMX is the only securities exchange operating in Armenia and the only shareholder of the Central Depository. AMX Group’s mission is to promote a favorable investment climate in Armenia by offering efficient solutions and services, including securities trading, clearing, settlement and pension system management. ($1 – 481.26 AMD) -0-

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