Sat, 1 February
-1.9 C
Yerevan
USD: 397.35 RUB: 4.04 EUR: 412.25 GEL: 139.06 GBP: 493.31
spot_img

Armenian equity market capitalization surges by 58% to AMD 252 bn

YEREVAN, July 8, /ARKA/. The insights of the second quarter at Armenia Securities Exchange (AMX) have shown a surge of market and trade values of securities in comparison with the same quarter data in the last two years. 

Government bonds

Trade value of the government bonds in Q2 made AMD 28 bn – 45% (2021) increase. 178 deals were executed with government bonds.  Compared with the Q2, 201 the market value surged 30%, passing AMD 1.3 trillion threshold.

Corporate bonds   

Corporate bonds show the same dynamic growth both in market value and trade value of securities compared to the indices of the last 2 years. Market value of the Q2 reached AMD 448 bn. The number of corporate bonds traded at AMX is 102.

Trade value in Q2, 2022 exceeded the results of Q2, 2020 and 2021, reaching over AMD 11 bn. The number of transactions increased more than 35%.

REPO 

Number of REPO agreements has increased, reaching AMD 11 bn. This index shows 60% growth as of Q2, 2021 and 84% as of Q2, 2020.

Equity 

The same increase in dynamics can be seen in equity data. Trade value in Q2, 2022 increased to AMD 425 mln, the market capitalization surged by 58%, reaching the total sum of AMD 252 bn. The number of trades surged 3 times paralleled with Q2, 2021 and reached 343 trades concluded.  ($1 – 410.67 drams) -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

US dollar rate down 0.35 points to 397.92 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Armenia’s refinancing rate back to August 2022 level – WB

The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

Euro exchange rate plunges by 4.12 points to AMD 414.32

The average market exchange rate of the US dollar to the Armenian dram on January 29, 2024, amounted to 398.27 drams, down 0.09 points compared to January 27.

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

LATEST NEWS

spot_imgspot_imgspot_img