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AMD 74.7mln Transactions With Corporate Shares Effected On ArmEx In

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  • AMD 74.7mln Transactions With Corporate Shares Effected On ArmEx In

    AMD 74.7MLN TRANSACTIONS WITH CORPORATE SHARES EFFECTED ON ARMEX IN SEPT 2006

    Arka News Agency, Armenia
    Oct 5 2006

    YEREVAN, October 5. /ARKA/. AMD 74.7mln transactions with corporate
    shares were effected on the Armenian Stock Exchange (ARMEX) in
    September 2006 against AMD 23.4mln in August - a 3.2-time increase.

    In September, the number of securities listed on ARMEX increased 9.2
    times up to 57,962. Six companies participated in the sessions in
    September against four in August.

    During the period under review, the "Armeconombank" OJSC was the
    leader, its share totaling AMD 70.4mln or 94.3% of the total volume
    of transactions.

    The bank is followed by the "Hayrushak" OJSC - AMD 2.5mln or 3.4%
    and by the "Armelectromash" OJSC - AMD 941.8ths or 1.3%. The share
    of other companies does not exceed 1%.

    By September 30, 2006, the securities of 42 companies and organizations
    had been listed on ARMEX. ARMEX capitalization made about AMD 22.6bln
    against AMD 21.6bln at the end of August 2006.
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