Thursday, November 10 2016 17:24

ArmInfo. Karen Karapetyan, the  Prime Minister of Armenia called for privatization through the Stock  Exchange. 

Karen Karapetryan  instructed the State Property Management to review  the privatization roster of the state companies and  to develop in  two week term an appropriate  proposal on their open privatization  through public offer (oferta) at the Stock Exchange. "Doing this, we  will facilitate the Stock Exchange  and improve the management level  of those companies,"  Prime Minister mentioned. 

To recall, NASDAQ OMX Armenia is the only stock exchange currently  operating in Armenia. On January 26, 2009, "Armenian Stock Exchange"  ojsc was officially renamed as "NASDAQ OMX Armenia" ojsc. On June 5,  2009, "NASDAQ OMX Armenia" ojsc became the owner of 100% of the  shares of the "Central Depository of Armenia" ojsc. 226 transactions  on corporate bonds were made on NASDAQ OMX Armenia in 2015, which   totaled 453.5 mln AMD (versus 343 transactions totaling 1.1 bln AMD  in 2014).  Capitalization of stock market of Armenia in 2015 grew by  42% totaling 103.8 bln AMD (versus 73 bln AMD in 2014 and 61.7 bln  AMD in 2013). 140 transactions on shares were made totaling 4.3 bln  AMD in 2015 (versus 213 transactions totaling 28.8 bln AMD in 2014).