Several companies will go public in 2026, says Freedom Broker Armenia Director

YEREVAN, December 15. /ARKA/. Several companies will go public on the Armenian Stock Exchange (AMX) in 2026, according to Freedom Broker Armenia Director Ovak Ovakimyan.

“I believe the stock market will expand both quantitatively and in terms of exchange liquidity. New instruments and investment opportunities for retail investors will also emerge. I think 2026 will be a breakthrough year,” he said in an interview with ARKA news agency.

Responding to a question about the possibility of expanding the range of public companies or launching new exchange instruments in 2026, Ovakimyan said that, despite the country’s stock market being small, demand and interest are evident.

“Local clients, intending to purchase shares, are now more likely to consider purchasing them on foreign exchanges. The reason is that this culture hasn’t yet been formed and there aren’t many instruments in our country. But I think this will change over time,” he explained.

At the same time, Ovakimyan believes that other products will also develop, such as ETFs and structured products, which are very common internationally, particularly at JP Morgan and Goldman Sachs.

“And I think Armenia will also be developing in this direction by 2026,” he added.-0-

spot_img

POPULAR

Armenia Needs New Projects to Be Financed by Banks and Pension Funds: Central Bank Governor

Armenia needs high-quality projects that could be financed by banks and pension funds, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (April 27 – May 3)

Last week, the focus in Armenia was on changes in bank taxation, the development of a new law on payment services, and the transformation of investment companies.

Inflation of 5.3% recorded in Armenia in April

In the Armenian consumer market, 12-month inflation in April of this year amounted to 5.3%, according to a report from the Statistical Committee of Armenia.

Armenia’s loan portfolio has grown by approximately 20% annually for the past three years: Central Bank Governor

Armenia's loan portfolio has grown by approximately 20% annually for the past three years, Central Bank Governor Martin Galstyan announced at a parliamentary session on Tuesday.

Martin Galstyan re-elected as Governor of the Central Bank of Armenia

Martin Galstyan was re-elected as Governor of the Central Bank of Armenia on Tuesday in a closed, secret ballot vote in the National Assembly.

LATEST NEWS

spot_imgspot_imgspot_img