Markets

Armenia’s securities market on October 19: AMX summary

Corporate bonds changed hands in 81 trades across 53 issues worth AMD 358.5 million (about $992 thousand) and $314.7 thousand on the Armenia Stock Exchange (AMX) on October 19. There were no trades in government bonds.

National Mortgage Company bonds (NMCCBT) led corporate bonds by volume: 5,300 bonds worth AMD 57.3 million at a yield to maturity of 7.68%. Among issuers, Ameriabank accounted for the largest volume, AMD 112.5 million across four AMD issues, led by AMRBBNM (AMD 54 million) and AMRBBNQ (AMD 51.7 million). Yields on AMD bond trades ranged from 5.6% to 16.4%.

Shares saw 10 trades worth AMD 4.88 million. Unibank shares (UNIB) led with 12,019 shares at AMD 330, worth AMD 3.97 million. ACBA Bank shares (ACBA) rose 0.93% to AMD 20,700. Telecom Armenia (AMTL), Tel-Cell (TLCL) and Aske Group (ASGR) shares also traded. The repo segment recorded no trades.

AMX had not updated its AMD indices for October 19: as of October 15, the AMD Corporate Bond Market Index (CBMI_AMD) stood at 104.38 and the AMD 1–3 Year Corporate Bond Index (C3YBI_AMD) at 103.81. The USD market index (CBMI_USD) rose 0.02% to 101.69, with a yield to maturity of 4.88%, while the USD 1–3 year index (C3YBI_USD) fell 0.09% to 101.00.

On AMX, the corporate bond market totals AMD 1.06 trillion and market capitalisation AMD 349.4 billion. A total of 277 securities of 64 issuers are listed and admitted to trading.

There was no trading on the AMX FX market on October 19.

MARKET IN NUMBERS
Total corporate bond market
≈1.06
trillion drams (AMD)
AMD 1,064.9 billion
(about $2.95 billion)

Market capitalisation
≈349.4
billion drams (AMD)

Number of issuers
64

Securities listed and admitted to trading
277

CORPORATE BOND INDICES
Index Value Change Yield to maturity Mod. duration
AMD Corporate Bond Market Index (as of Oct 15)
CBMI_AMD
104.38 +0.06% 1.60
AMD 1–3 Year Corporate Bond Index (as of Oct 15)
C3YBI_AMD
103.81 +0.01% 0.89
USD Corporate Bond Market Index
CBMI_USD
101.69 +0.02% 4.88% 1.78
USD 1–3 Year Corporate Bond Index
C3YBI_USD
101.00 -0.09% 3.77% 1.06

TODAY’S TRADING
Corporate bonds
81 trades
AMD 358.5 million
+ $314.7 thousand

LEADER
National Mortgage Company bonds
NMCCBT
AMD 57.3 million, 5,300 bonds
Yield to maturity: 7.68%

Government bonds
0 trades
No trades

Shares
10 trades
AMD 4.88 million

LEADER
Unibank shares
UNIB
AMD 3.97 million, 12,019 shares
Price: AMD 330

EDITOR’S COMMENT

Most of the day’s turnover came from the corporate bond market. National Mortgage Company and Ameriabank bonds accounted for half of the AMD volume. Trading in shares was sporadic, and there were no trades in government bonds or currency.

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