FINANCIAL MARKET HEADLINES
| MOROCCO | TGCC | Results of the IPO
The results of TGCC’s IPO on the Casablanca Stock Exchange are as follows :
Subscribed amount : MAD 13,431,383,528.00;
Allotted amount : MAD 600,002,080.00;
Number of requested shares : 98,760,173;
Number of allotted shares : 4,411,780;
Number of subscribers : 11,833;
Average satisfaction rate of Demand : 4.47%.
ECONOMIC HEADLINES
| MOROCCO | PORTS | Port traffic down 2% at the end of November 2021
At the end of November 2021, traffic carried through ports managed by the ANP reached an overall volume of 83.1 million tons, recording a decline of 1.8% year-on-year.
| TUNISIA | INDUSTRY | Investments down 17% at the end of October 2021
At the end of October 2021, investments in the industrial sector fell by 16.9% to stand at TND 2,023.3 Mn. The agri-business indus-tries as well as the mechanical and electrical industries were the major contributors with respective shares of 35.7% and 25.6%.
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