Armenia’s securities market on October 5: AMX summary

Government bond trading on the Armenia Stock Exchange (AMX) totalled AMD 51.7 million (about $142,600) on October 5. Corporate bonds changed hands in 110 trades worth AMD 1.55 billion, $898,500 and €41,300.

Government bonds saw 7 trades. The largest volume, AMD 44.7 million, was in Ministry of Finance of Armenia bond GN60284, with a yield to maturity of 7.61%.

Armeconombank bonds (HEZBBM1), which began trading on the exchange on October 2, led the corporate bond market with AMD 909.0 million in 3 trades at a yield to maturity of 9.75%, nearly half of the segment’s turnover. National Mortgage Company bonds (NMCCBS) followed with AMD 153.4 million at a yield to maturity of 6.35%.

Shares saw 7 trades worth AMD 820,400. ACBA Bank shares (ACBA) led with AMD 538,000 in 2 trades, closing at AMD 20,510 (-0.92%). Telecom Armenia (AMTL) and Tel-Cell (TLCL) shares also traded. In the repo segment, 6 trades were concluded for AMD 916.7 million and $400,000, four of them with Armeconombank bonds (HEZBBM1).

Three of the four corporate bond indices rose. The AMD Corporate Bond Market Index (CBMI_AMD) fell 0.07% to 104.50, while the AMD 1–3 Year Corporate Bond Index (C3YBI_AMD) gained 0.02% to 103.61. The USD market index (CBMI_USD) rose 0.04% to 101.75, with a yield to maturity of 4.99%, and the USD 1–3 year index (C3YBI_USD) 0.03% to 101.26.

On AMX, the corporate bond market totals AMD 1.06 trillion and market capitalisation AMD 351.4 billion. A total of 276 securities of 64 issuers are listed and admitted to trading.

According to AMX, the US dollar was at AMD 362.55 and the euro at AMD 407.29.