| Latest News |
 |
NASDAQ OMX Armenia published an educational brochure
VII CIS and Baltic Region Bond Congress to be held in Yerevan
NASDAQ OMX Armenia Launches Exchange Market for Credit Resources
NASDAQ OMX Armenia Enhances Market Data Delivery on its Website
CEO NASDAQ OMX Armenia Armen Melikyan announced the market results for 2009
| Official 12 Month Statistics |
|
 |
| |
US$ Millions |
# Shares Millions |
| Total Volume |
Avg. Daily Volume |
Total Volume |
Avg. Daily Volume |
| Stocks |
| 9/2009 |
0.0020
|
0.0001
|
0.0001
|
0.0000
|
| 10/2009 |
0.0018
|
0.0001
|
0.0001
|
0.0000
|
| 11/2009 |
0.0262
|
0.0012
|
0.0023
|
0.0001
|
| 12/2009 |
0.0002
|
0.0000
|
0.0001
|
0.0000
|
| 1/2010 |
0.0000
|
0.0000
|
0.0000
|
0.0000
|
| 2/2010 |
0.0011
|
0.0001
|
0.0001
|
0.0000
|
| 3/2010 |
0.0021
|
0.0001
|
0.0001
|
0.0000
|
| 4/2010 |
0.0070
|
0.0003
|
0.0007
|
0.0000
|
| 5/2010 |
0.0161
|
0.0008
|
0.0043
|
0.0002
|
| 6/2010 |
0.0057
|
0.0003
|
0.0020
|
0.0001
|
| 7/2010 |
0.0103
|
0.0005
|
0.0008
|
0.0000
|
| 8/2010 |
0.0113
|
0.0005
|
0.0035
|
0.0002
|
| TOTAL |
0.0839
|
0.0003
|
0.0142
|
0.0001
|
| Bonds |
| 9/2009 |
3.6828
|
0.1754
|
10.2844
|
0.4897
|
| 10/2009 |
6.3004
|
0.2864
|
5.9016
|
0.2683
|
| 11/2009 |
0.7519
|
0.0358
|
0.3747
|
0.0178
|
| 12/2009 |
2.0751
|
0.0902
|
1.0471
|
0.0455
|
| 1/2010 |
1.9280
|
0.1377
|
4.1332
|
0.2952
|
| 2/2010 |
0.7984
|
0.0399
|
2.1268
|
0.1063
|
| 3/2010 |
2.2664
|
0.1030
|
5.9730
|
0.2715
|
| 4/2010 |
1.5826
|
0.0719
|
4.3803
|
0.1991
|
| 5/2010 |
0.7866
|
0.0393
|
0.9533
|
0.0477
|
| 6/2010 |
1.4330
|
0.0651
|
4.2073
|
0.1912
|
| 7/2010 |
6.8194
|
0.3247
|
20.6269
|
0.9822
|
| 8/2010 |
2.4037
|
0.1093
|
9.1529
|
0.4160
|
| TOTAL |
30.8282
|
0.1233
|
69.1614
|
0.2766
|
| Other |
| 9/2009 |
117.8825
|
5.6135
|
0.0000
|
0.0000
|
| 10/2009 |
49.1304
|
2.2332
|
0.0000
|
0.0000
|
| 11/2009 |
79.3294
|
3.7776
|
78.7689
|
3.7509
|
| 12/2009 |
148.3083
|
6.4482
|
148.1377
|
6.4408
|
| 1/2010 |
56.2674
|
4.0191
|
55.4039
|
3.9574
|
| 2/2010 |
49.7369
|
2.4868
|
49.9050
|
2.4953
|
| 3/2010 |
106.1240
|
4.8238
|
104.5899
|
4.7541
|
| 4/2010 |
85.6200
|
3.8918
|
43.8296
|
1.9923
|
| 5/2010 |
161.3366
|
8.0668
|
40.1850
|
2.0093
|
| 6/2010 |
183.4365
|
8.3380
|
79.1778
|
3.5990
|
| 7/2010 |
139.8318
|
6.6587
|
56.3100
|
2.6814
|
| 8/2010 |
168.2417
|
7.6474
|
63.3573
|
2.8799
|
| TOTAL |
1,345.2455
|
5.3810
|
719.6651
|
2.8787
|

| 5 Year Statistical Comparison |
|
 |
| |
2006 |
2007 |
2008 |
2009 |
YTD 2010 |
|
Number of Companies |
37
|
35
|
9
|
10
|
11
|
|
Market Capitalization (US$*) |
60.1715
|
105.4825
|
176.0214
|
140.2199
|
150.6642
|
|
Total Vol.-Stocks (US$*) |
4.8345
|
4.6066
|
0.8517
|
0.268
|
0.0536
|
|
Total Vol.-Stocks (# Shares*) |
0.7035
|
0.4764
|
0.3343
|
0.0829
|
0.0116
|
|
Avg. Daily Vol.-Stocks (US$*) |
0.0193
|
0.0184
|
0.0034
|
0.0011
|
0.0003
|
|
Avg. Daily Vol.-Stocks (# Shares*) |
0.0028
|
0.0019
|
0.0013
|
0.0003
|
0.0001
|
|
Total Vol.-Bonds (US$*) |
1.1287
|
2.212
|
13.1488
|
35.8332
|
18.0181
|
|
Total Vol.-Bonds (# Shares*) |
0.0494
|
0.0656
|
16.9038
|
26.943
|
51.5537
|
|
Avg. Daily Vol.-Bonds (US$*) |
0.0045
|
0.0088
|
0.052
|
0.1422
|
0.1105
|
|
Avg. Daily Vol.-Bonds (# Shares*) |
0.0002
|
0.0003
|
0.0668
|
0.1069
|
0.3163
|
|
Total Vol.-Other (US$*) |
385.5072
|
770.2038
|
1106.3265
|
1086.0341
|
950.595
|
|
Total Vol.-Other(# Shares*) |
0
|
0
|
0
|
405.4174
|
492.7585
|
|
Avg. Daily Vol.-Other (US$*) |
1.5237
|
3.0685
|
4.3728
|
4.3097
|
5.8319
|
|
Avg. Daily Vol.-Other (# Shares*) |
0
|
0
|
0
|
1.6088
|
3.0231
|
|
Monthly Avg. Turnover Ratio |
0.0067
|
0.0036
|
0.0004
|
0.0002
|
0
|
|
Index |
0
|
0
|
0
|
0
|
0
|
|
Currency/US$ |
363.5
|
304.22
|
306.73
|
377.89
|
362.72
|
* in millions

| Practices & Procedures |
| Days |
Monday - Friday
|
| Hours |
Stock Market (SM): 11:00 - 15:00 Corporate Bonds Market (CBM): 11:00 - 15:00 Government Bonds Market (GBM) 11:00-15:00 Foreign Currency Market (FCM): 11:00-15:00; Repo: 11:00-15:00 Credit Market: 11:00-15:00 Manual trading: 11:00-15:00
|
| Market segmentation |
SM: Main list A, secondary list B, free market C (stocks not listed, but admitted to exchange trading) CBM: Main list Abond, secondary list Bbond, free market Cbond (bonds not listed, but admitted to exchange trading)
|
| System |
Fully automated
|
| Mechanisms |
Continuous auction, order-driven
|
| Market-maker/ Specialists |
Yes for stocks, corporate bonds and government bonds
|
| Instruments |
Stocks, corporate bonds, Government bonds, Repo (repurchase agreements on corporate bonds), foreign currency, Interbank Credit (overnight)
|
| Currency |
SM: local CBM: local GBM: local FCM: local Repo: local CM: local Manual trading: local
|
| Real time information |
Last price, average price, last volume, total volume
|

| Central Depository |
Yes
|
| Period |
T+0
|
| Registered |
Yes
|
| Settlement |
SM, CBM: Central Depository GBM, FCM: Central Bank ICM: Central Depository
|
| Clearing |
Netting
|
| DVP |
Yes, full DvP
|
| Clearing Institution |
SM, CBM: Central Depository GBM, FCM: Stock Exchange ICM: Stock Exchange
|
| Risk Sharing |
No
|
| Margin/Lending |
No
|
| Custodians |
Central Depository, Licensed custodians
|
| Cash Dividends |
Legal Entity: 20%, Individuals: No
|
| Interest Income |
Legal Entity: 20%, Individuals: 10-20%
|
| Capital Gains |
Legal Entity: 20%, Individuals: No
|
| Legal |
Open Joint Stock Company with 100% of shares, belonging to the NASDAQ OMX Group
|
| Regulation |
Central Bank of Armenia
|
| Securities market regulations |
Stock exchange rules, Central Bank of Armenia acts
|
| Trading rules |
Yes, approved by the Supervisory Board of the Stock Exchange and registered with the Central Bank
|
| Surveillance |
Yes
|
| Corporate actions |
Yes
|
| Trading halts regulations |
Yes
|
| Investor protection |
No
|
| Foreign investors |
No restrictions
|
| Investment limitations |
No limitations
|
| Repatriation |
No restrictions
|
| Minimum Listing Requirements |
| |
Equities Main List A |
Equities Secondary List B |
Equities Free Market C |
Corporate Bonds Main List Abond |
Corporate Bonds Secondary List Bbond |
Corporate Bonds Free Market Cbond |
| Minimum Paid-In Capital |
min. AMD 1 billion |
min. AMD 500 million |
N/A |
N/A |
N/A |
N/A |
| Years of Business Activity |
no less than 3 years |
no less than 3 years |
N/A |
no less than 3 years (issuer should have been carrying out its core activites for at least the last 2 years) |
no less than 2 years |
No less than one year |
| Capitalization of Issue |
N/A |
N/A |
N/A |
min. AMD 500 million |
min. AMD 250 million |
min. AMD 100 million |
| Free Float |
min. 15% |
min. 10%
|
N/A |
N/A |
N/A |
N/A |
| Free Float Ratio |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| Minimum # of Shareholders |
100 |
N/A |
N/A |
N/A |
N/A |
N/A |
| Minimum Years of Positive Financial Results |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| # Prior Years Audited Financial Accounts |
3 |
3 |
N/A |
2 |
1 |
N/A |
| # Times Dividends Distributed in Last 3 Years |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| Whole Class of Securities to be Issued |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| Listing Agreement with Central Depository |
Registry kept by the Central Depository |
Registry kept by the Central Depository |
Registry kept by the Central Depository |
Registry kept by the Central Depository |
Registry kept by the Central Depository |
Registry kept by the Central Depositry |
| Prospectus |
N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
| Special Requirements |
Net Financial Result: profit |
N/A |
Companies that have been recognized insolvent or are under liquidation/bankruptcy cannot be admitted |
N/A |
N/A |
Companies that have been recognized insolvent or are under liquidation/bankruptcy cannot be admitted |
| Additional Special Requirements |
N/A |
N/A |
Companies must disclose their financials and other material information |
N/A |
N/A |
Companies must disclose their financials and other material information |

|
 |

| Contact Information |
 |
| Calendar of Holidays |
 |
| 2010 Public Holidays for Armenia |
| January |
|
| March |
|
| April |
|
| May |
|
| July |
|
| September |
|
| December |
|
| Market Capitalization & Index |
|
| |
Market Capitalization US$ Millions |
Index |
| 9/2009 |
131.0017
|
0.0000
|
| 10/2009 |
130.7762
|
0.0000
|
| 11/2009 |
144.9016
|
0.0000
|
| 12/2009 |
140.2199
|
0.0000
|
| 1/2010 |
140.9574
|
0.0000
|
| 2/2010 |
138.7683
|
0.0000
|
| 3/2010 |
125.0005
|
0.0000
|
| 4/2010 |
133.9438
|
0.0000
|
| 5/2010 |
135.9969
|
0.0000
|
| 6/2010 |
142.8848
|
0.0000
|
| 7/2010 |
146.8306
|
0.0000
|
| 8/2010 |
150.6642
|
0.0000
|
| Featured Charts |
 |
Volume (US$ Millions)
Index
|
| Related Links |
 |
|