In the midst of the scarcity of suggestions ... trading momentum dominates the performance of the Morocco Stock Exchange

The Morocco Stock Exchange saw a single first general subscription in 2024, but that did not prevent the main index from registering records, due to the major demand for the trading of the listed company, which proposes the continuation of the momentum of the performance of the Casablanca Financial Market. The Casablanca Stock Exchange is currently trading shares of only 77 businesses with a market value of $ 75 billion. The proposals that do not exceed one in the year show a major rise by investors, especially individuals competing with institutional investors. The most important stock market index in the kingdom set a record in November last year when it exceeded the barrier of 15,000 points for the first time in its history, and the performance continued close to this level despite the ‘commercial WAFA’ warning in the Kingdom of sudden correction, but that has not yet happened. The headquarters of the stock exchange was witness to a clock mark that marks the shares of the “CMGP” business, the first in the agricultural sector. It raised $ 110 million to finance its expansion and received requests for more than $ 4 billion. The best achievement during a new contract and a new stock market in the Kingdom has made the stock exchange to achieve the best performance over the past 15 years, and the third is the best achievement in its long -term history. The number of investors participating in the process has reached more than 34,000. Tariq Sunhaji, general manager of the Casablanca Stock Exchange, told AL -SHARQ: “The results of the initial general offer of this company show the ability of the stock exchange to attract money and investments and its contribution to the financing companies, regardless of the activity or size sector,” said Tariq Sunhaji, general manager of the CasaBlanca – -Sharq said. Since 2020, Morocco has recorded primary public proposals that have enabled the $ 420 million collection, compared to a request of approximately $ 8.2 billion, while other financing operations, including capital, were the sale and buying of shares, ten operations that raised more than $ 460 million. The company’s name is the date of offer, subscription requests, the value of the offer, the value of the request, the offer, the land, the countries of the capital, December 2020, 1720 million dirhams, 2.6 billion dirhams, 4.3 times, TGCC December 2021 11833 600 million Dirhams, 13.4 billion Dirhams, 22.4 D dle, July, 202222, 1364, 171 million, 13 million dirhams, 230 million dirhams, 1.3, Akkad, December 2022, 8225 1.2 billion dirhams, 4.5 billion dirhams 3.8 cm gg December 2023 23634 599 million dirhams 20.8 billion dirhams 34.7 cmgp December 2024 33771 1.1 billion dirhams 40.6 billion Dirhams 37 barely The big demand for the stock exchange this year was not just at the level of the main index, and the big demand for the only listing, the funds collected by companies in the main market, reached about 5 billion dirhams this year, which has been an unprecedented number for years. He added: “The stock exchange has strong confidence from the market and investors, and we wait for the year 2025 to have a special dynamic.” Despite the extraordinary achievement, the stock market seems to be far from its ambitious goals, as the new development model adopted by the kingdom in 2021 aims to increase the number of listed companies to more than 300 companies by 2035, and its value to 70% of the raw GDP, but it seems to be difficult to achieve 20 need. The stock market officials have previously called on the government to stimulate the listing operations to put government companies in the market to increase liquidity and to encourage private businesses to take the same step. As for Yunus Benjelloun, the director -general of the CFG, the largest bank that keeps up with the Kingdom proposals, the poor inclusion is due to the problems of persuading, especially the family, in the feasibility of this option as a way to finance growth, not to mention the fear factor and does not have to achieve the benefits. ‘Banks dominate the market value, the banking sector dominates more than a third of the market value of the Casablanca Stock Exchange represented by seven banks. The development model sets the goal of reducing banks’ share by 2035 to 20% by supporting the rise of companies from the last sectors. The infections that the Kingdom has recorded in recent years, although rare, but it reveals that the question exists, according to Benjelloun. He added: “All recent subscriptions are successful, and this shows the opportunity for companies that are not included that the stock exchange is an important way to grow and financing development as it is a remedy and is not a purpose in itself.” 3 Moroccan enterprises prepare for provisional proposals over the next few years, including “disruption” working in the fields of food, health and hygiene, and “cash plus”, which is the largest money transfer, currency change and payment of accounts in the country, in addition to the ‘Oncorad’ company working in the private health sector. According to Benjelloun, who is taken into account that it is in line with the growth of the Moroccan economy, the exceptional performance seen by the stock exchange will continue in the coming years. Especially because a number of businesses outside the stock exchange achieve important successes and have very easy access to the stock exchange.