n 2014,the global volume of transactions executed on the Casablanca Stock Exchange was recorded at 49.8 billion dirhams, based on the results published by the management of this financial place. The performance has declined by 19.8% when compared to the value of stock-market transactions carried out in 2013 (62.14 billion dirhams), and this despite an increase of 23.5% in the number of transactions.
Over the same period though, the stock market capitalisation increased by 7.8%, from 451.1 billion dirhams in 2013, to 484.4 billion dirhams over the period of reference. A capitalisation largely dominated by companies in the banking sector (35.2%) and the sole company from the telecommunications sector, Maroc Telecom, which represents about 20.7% of the market.
The fall in value of transactions on the Moroccan stock market nevertheless shows some disparities. Transactions on the central market remained strong at 27.5 billion dirhams, increasing by 4.75%. Below-par performances were noted on the blocks market, decreasing by 46.5%, and capital increases which volume fell by 81.5%.
In these conditions, all the products from the company managing the Casablanca Stock market came under 89.16 million dirhams (119.4 dirhams in 2013). Though the total expenditure has also dropped to reach only 78.8 million dirhams (106 million dirhams in 2013), the net margin for the year 2014 was of 10.3 million dirhams (13.3 million dirhams in 2013).
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