Stocks Market
CIH Bank Raises Free Float to 35% Starting August 12, Boosting Liquidity
The Casablanca Stock Exchange will adjust the free‑float ratio of CIH Bank from 25 % to 35 % after the bank’s recent cash capital increase. The change takes effect on August 12, 2026, and is expected to enhance the stock’s marketability and attract a broader investor base.
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Casablanca Stock Exchange Announces Free‑Float Revision
The Casablanca Stock Exchange (CSE) will carry out an exceptional adjustment to the free‑float percentage of CIH Bank shares.
Key change
The free‑float ratio will increase from 25 % to 35 %, representing a ten‑percentage‑point rise.
Reason for the revision
The adjustment follows a recent cash capital increase carried out by CIH Bank. By injecting fresh equity, the proportion of shares available to the public market rises, prompting the CSE to update the official free‑float figure.
Effective date
The new free‑float level becomes effective on 12 August 2026.
Related news
- 12 August 2026 – CIH Bank completes a capital increase of MAD 750 million, oversubscribed 1.11 times.
- 27 July 2026 – SOMAGEC finalises a MAD 500 million bond issuance with participation from CIH Bank and Saham Bank.
- 18 July 2026 – CDG and CIH Bank restructure block holdings through a “communicating vessels” mechanism.
- 17 July 2026 – CDG’s participation in CIH Bank falls below the 5 % threshold.
Market snapshot (6 August 2026)
- Casablanca Stock Exchange launches a new, fully responsive website.
- European markets trade higher; the Middle East remains under scrutiny.
- Oil prices climb as tensions rise in the Red Sea while optimism returns to the Strait of Hormuz.
- World Bank highlights AI as a productivity driver for emerging economies.