Less than a year after its IPO, Akdital enters the MSCI FM index
Économie

Less than a year after its IPO, Akdital enters the MSCI FM index

The Akdital group joins the MSCI Frontier Markets (FM) index. This index measures the performance of companies active in emerging markets. It also serves as a benchmark for a wide range of international investment funds that focus on this asset class.

“Since the recent IPO, during which the Akdital group has experienced one of the most important operations of the last fourteen years, with an IPO of 1.2 billion dirhams, the group continues its advance,” one of them underlined in a press release.

This integration of the Akdital group will put the company’s stock on the radar of the world’s largest asset managers, enhancing its visibility and attractiveness as a long-term growth stock, the same source says. This integration will also help attract new flows of foreign investment to the Casablanca Stock Exchange, it added.

“The Akdital Group remains resolutely focused on innovation, sustainable growth and excellence. The company’s inclusion in the MSCI FM index paves the way for new opportunities and consolidates its position in the global financial landscape.

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