Civil Contract maintains a commanding lead in the upcoming June 7 parliamentary election, driven by its status as the incumbent ruling party under Prime Minister Nikol Pashinyan and its recent release of a detailed pre-election program emphasizing economic transformation and institutional reforms. Recent developments, including Pashinyan’s re-election as the party’s prime ministerial candidate and the formal submission of candidate lists, have reinforced trader expectations of continued dominance. Strong Armenia has emerged as the primary opposition challenger, consolidating much of the anti-incumbent vote amid a fragmented field where other blocs like Armenia Alliance remain well below parliamentary thresholds. With the official campaign period now underway, the market’s heavy weighting toward Civil Contract reflects its polling advantage, incumbency benefits, and the absence of major disruptive events that could alter the trajectory before voters decide.