Volume of transactions on securities totals 209 million drams on Armenian stock exchange in August

Volume of transactions on securities totals 209 million drams on Armenian stock exchange in August
17.09.2008, ARKA

Volume of transactions on securities totaled 209mln Drams on the Armenian Stock Exchange (Armex) in August against 154.4mln Drams in July. Total volume of transactions on corporate bonds was 136.7mln constituting 65.4% of the overall volume of transactions in the period. Volume of government bond transactions was 71.9mln Drams or 34.4% of the volume. Transactions on shares totaled 5151,000 constituting 0.3% of the overall volume. According to the analysis made by ARKA Agency based on the information of Armex, transactions were effected on shares, government and corporate bonds of five companies and Armenian Finance Ministry on Armex in August. “Araratbank” open joint stock company was the leader in terms of transactions on corporate bonds, whereas “Armeconombank” ranked the first in transactions on shares. Volume of transactions on “Araratbank”’s corporate bonds totaled 75.8mln Drams – 55.4% of the overall volume of transactions on corporate bonds on Armex in August. Volume of transactions on “Armeconombanks”’s shares totaled 450,000 Drams – 87.4% of the overall volume of transactions on shares on Armex in August. Aggregate volume of transactions on government bonds totaled 71.9mln over the period. Nineteen securities had undergone listing on Armex by September 1. Capitalization of Armex totaled 49.8bln Drams. ($1=302.47Drams). N.V. –0—