Organized by the Casablanca Stock Exchange, these days highlight the importance of better financial education and the engagement of individuals in the stock market. The event aims to create a strong link between citizens and the national economy through the stock market, thus strengthening their understanding of economic issues.
Speaking on this occasion, the Director General of the Casablanca Stock Exchange, Tarik Senhaji underlined the crucial importance of financial education, highlighting the need to encourage a better understanding of the stock market among individuals, who, although active in the market, have the opportunity to become more involved.
Mr. Senhaji, in this sense, noted the imperative of establishing a personal link between individuals and companies listed on the stock exchange to restore confidence, highlighting the privileged relationship which is developing between the presidents of listed companies and the shareholders.
This relationship allows shareholders to gain an in-depth understanding of companies’ strategies and performance, he said, adding that this model allows more underwriters to be hired in the primary market, and inspires the vision of a sector financial and stock market at the service of citizens.
For his part, the chairman of the board of directors of the Casablanca Stock Exchange, Brahim Benjelloun Touimi, indicated that the Casablanca Stock Exchange, as a financing tool, plays a crucial role in the economic development of the Kingdom, noting that “Today, we are focusing on the most profitable investment, that in training and education.”
“We are currently in a positive dynamic, reinforced by the transformation initiated after the demutualization process of 2016. This development has enabled the Stock Exchange to structure itself as a group integrating a spot market, a futures market, as well as trading rooms. compensation,” he continued.
And to maintain that, thanks to this framework, the Stock Exchange will contribute to the financing of companies, to transparency, and to the improvement of governance.
Furthermore, Mr. Benjelloun Touimi indicated that the efforts of the Casablanca Stock Exchange aim to familiarize investors with stock market products and encourage entrepreneurship, affirming that quality Moroccan human capital as well as the Bank’s commitment Centrale bear witness to this collective mobilization.
For his part, the vice-president of the Professional Association of Stock Exchange Companies (APSB), Ali Hachami, highlighted the importance of this initiative which aims to democratize access to the global market, by offering investors better opportunities and an increased ability to make informed decisions.
It seeks to develop a base of savvy investors who are better informed and able to navigate a complex economic environment, he added, recalling that the growing market has recorded positive results in many sectors, despite challenges, including the increase in the number of accessibility platforms.
These platforms, mainly set up by banks and growth companies, offer retail investors easier access to training and trading tools, Mr. Hachami explained.
The “Stock Market Days” are part of a vision of democratization of access to the stock market, with the support of key players in the Moroccan financial ecosystem. Supported by the Casablanca Stock Exchange, this initiative aims to make the stock market a truly inclusive development lever, serving national prosperity.