Huge Demand for Maroc Telecom Stock
2004-12-16
According to Al-Sharq Al-Awsat, trading of Maroc Telcom shares on the Casablanca Stock Exchange was suspended for the second day in a row due to excessive demand. High demand for the company's stock increased its share price by 6 per cent in a single day -- the maximum legal ceiling allowed.
a clear sign that the company's future is bright
Maroc Telecom Chairman Abdeslam Ahizoune said unprecedented investor demand for shares in its initial public offering is a clear sign that the company's future is bright. The firm is controlled by French media and telecom giant Vivendi Universal, which last month agreed to acquire a 16 per cent stake from the Moroccan government. (albawaba.com)
This content was commissioned for Magharebia.com.
Loading
Email to a friend
Print version
badreddine Posted 2008-06-19
Hi everybody I would like to know how much the stock options increase in price I mean their cash worth thank you
We welcome your comments on Magharebia's articles.
It is our hope that you will use this forum to interact with other readers across the Maghreb. In order to keep this experience interesting, we ask you to follow the rules outlined in the comments policy. By submitting comments, you are consenting to these rules. While Magharebia.com encourages discussion on all subjects, including sensitive ones, the comments posted are solely the views of those submitting them. Magharebia.com does not necessarily endorse or agree with the ideas, views, or opinions voiced in these comments. This is a moderated forum. Comments deemed abusive, offensive, or those containing profanity may not be published.
Magharebia's Comments Policy