Stocks Market
Morocco’s Capital Market Raises Drop to DH7.2 bn in January 2026
The Moroccan Capital Market Authority (AMMC) reports that capital raised in January 2026 slipped to DH 7.188 billion, less than half of the DH 15.128 billion recorded in the same month a year earlier. The decline is driven mainly by a drop in negotiable debt‑instrument issuances, while equity issuances remained modest. The loan‑borrow securities pool reached DH 38.5 billion, and the total capital raised in 2025 stood at DH 124.4 billion.
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Capital Raising Overview – January 2026
The Moroccan Capital Market Authority (AMMC) released its January 2026 market indicators, showing a sharp contraction in capital raised. Total fundraising amounted to DH 7.188 billion, compared with DH 15.128 billion in January 2025.
Break‑down by Instrument
- Negotiable Debt Instruments (TCN): DH 6.738 billion
- Equity issuances: DH 450 million
Loan‑Borrow Securities
The outstanding volume of loan‑borrow securities reached DH 38.5 billion during the month.
Year‑to‑Date Context
For reference, capital raised throughout 2025 summed up to DH 124.4 billion.
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