Categories: Finance

AMX Armenia Securities Exchange Sums up the Third Quarter

The insights of the third quarter at Armenia Securities Exchange have shown a surge of market and trade values of securities in comparison with the same quarter data in the last two years.

Trade value of the government bonds in Q3 made ֏ 24 bn – 183% (2020) and 46% (2019) increase, respectively.

Compared with the Q3, 2019 the market value surged 28%, passing ֏ 1.1 bn threshold.

Corporate bonds show the same dynamic growth both in market value and trade value of securities compared to the indices of the last 2 years. Market value of the Q3 grew 19%, reaching ֏ 489 bn in comparison with the same period last year.

Trade value in Q3, 2021 exceeded twice the results of Q3, 2019 and 2020, reaching over ֏ 15 bln.  The same increase refers to the average trade value (31%) and the number of trades (91%). The number of corporate bonds traded at AMX has reached 116.

Number of REPO agreements has increased, reaching ֏ 11 bn. This index shows 50% growth as of Q3, 2020 and 210% as of Q3, 2019.

The same increase in dynamics can be seen in equity data. Trade value in Q3, 2021 increased to ֏ 234 mln, the market capitalization surged by 7%, reaching the total sum of ֏ 159 bn. The number of trades surged three times paralleled with Q3, 2020.

Armenia Securities Exchange provides a completely automated electronic trading platform and beneficial conditions for trade. Today, instruments traded on the stock exchange include stocks, corporate and Government bonds, currency, credit resources, as well as REPO (repurchase agreements) and SWAP.

Share