2024-05-11 03:00:53
Capital market: raisings exceed MAD 81.06 billion at the end of November (AMMC)
Casablanca – Capital raisings amounted to 81.06 billion dirhams (billion dirhams) at the end of November 2023, compared to 61.04 billion dirhams over the same period a year earlier, according to the Moroccan Capital Market Authority (AMMC).
These lifts concern the issues of negotiable debt securities – TCN (68.47 billion dirhams), bond issues (11.94 billion dirhams) and issues of equity securities (656 million dirhams (MDH)), reports the AMMC in its bulletin relating to monthly capital market indicators for the month of November 2023.
In November alone, capital raisings stood at more than MAD 11.87 billion, mainly made up of TCN and bond issues, adds the same source.
AMMC indicators also show a 15% increase, year-on-year, in the outstanding securities lending and borrowing operations to MAD 29.3 billion at the end of last November.
2024-05-11 03:00:53