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

Euro and ruble exchange rates against the Armenian dram rose, while the dollar fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 15, 2026, fell by 0.12 points compared to June 12, to 368.06 drams.

Central Bank of Armenia does not expect a significant inflationary effect from the increase in excise taxes

Raising excise taxes on certain goods will not lead to significant inflationary consequences in Armenia, according to Central Bank Chairman Martin Galstyan.

Central Bank of Armenia maintains the refinancing rate at 6.5% for the fifth consecutive time

At its meeting on June 16, the Central Bank's Board left the refinancing rate unchanged at 6.5% for the fifth consecutive time, the regulator's press service reported.

Central Bank of Armenia’s updated strategy does not include gold in its reserves: Galstyan

The Central Bank of Armenia has reviewed its approach to managing international reserves and decided not to include gold in them, stated Central Bank Chairman Martin Galstyan.

Moody’s Ratings affirms Unibank’s B1 ratings with a stable outlook

Moody's Ratings affirmed Unibank B1 long-term local and foreign currency bank deposit ratings and maintained the stable outlook.

LATEST NEWS

spot_imgspot_imgspot_img