A stock exchange, securities exchange or bourse is a facility where stockbrokers and traders can buy and sell securities, such as shares of stock and bonds and other financial instruments. Stock exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividends. Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock exchanges often function as "continuous auction" markets with buyers and sellers consummating transactions via open outcry at a central location such as the floor of the exchange or by using an electronic trading platform.
The Tel Aviv Stock Exchange is Israel's only public stock exchange. Legally, the exchange is regulated by the Securities Law (1968), and is under the direct supervision of the Israel Securities Authority (ISA).
An exchange-traded fund (ETF) is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities, or bonds and generally operates with an arbitrage mechanism designed to keep it trading close to its net asset value, although deviations can occasionally occur. Most ETFs track an index, such as a stock index or bond index. ETFs may be attractive as investments because of their low costs, tax efficiency, and stock-like features.
Oslo Stock Exchange is a stock exchange within the Nordic countries and offers Norway’s only regulated markets for securities trading today. The stock exchange offers a full product range including equities, derivatives and fixed income instruments.
The Shanghai Stock Exchange (SSE) is a stock exchange based in the city of Shanghai, China. It is one of the two stock exchanges operating independently in the People's Republic of China, the other being the Shenzhen Stock Exchange. The Shanghai Stock Exchange is the world's 4th largest stock market by market capitalization at US$4.0 trillion as of November 2018. Unlike the Hong Kong Stock Exchange, the Shanghai Stock Exchange is still not entirely open to foreign investors and often affected by the decisions of the central government, due to capital account controls exercised by the Chinese mainland authorities.
The B3- Brasil Bolsa Balcão S.A., formerly BM&FBOVESPA, is a stock exchange located in São Paulo, Brazil, and the second oldest of the country. At the end of 2011 it had a market capitalization of R$2.37 Trillion, making it the 13th largest stock exchange in the world. However, owing to the slump in economic growth in Brazil associated with political problems, in addition to the strengthening of the United States dollar against the Brazilian real, the capitalization shrank to R$2.21 trillion by the end of 2015. On May 8, 2008, the São Paulo Stock Exchange (Bovespa) and the Brazilian Mercantile and Futures Exchange (BM&F) merged, creating BM&FBOVESPA. Then at March 30, 2017, BM&FBOVESPA merged with CETIP, creating B3.
The Bucharest Stock Exchange (BVB) is the stock exchange of Romania located in Bucharest. As of November 2017, there are 88 companies listed on BVB's regulated market and 299 companies listed on AeRO market with a total market capitalization of €35.6 billion. Starting 2014 and up to date, the main index BET went up by 19.9%, thus exceeding the maximum of the last 9 years.
The Philippine Stock Exchange, Inc. is the national stock exchange of the Philippines. The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange. Including previous forms, the exchange has been in operation since 1927.
Dufry AG is a Swiss-based travel retailer operating around 2,300 duty-free and duty-paid shops in airports, cruise lines, seaports, railway stations and central tourist areas. Dufry employs almost 36,000 people. The company, headquartered in Basel, Switzerland, operates in over 65 countries worldwide. Dufry AG is a publicly listed company on the SIX Swiss Exchange (DUFN).
The Casablanca Stock Exchange is a stock exchange in Casablanca, Morocco. The Casablanca Stock Exchange (CSE), which achieves one of the best performances in the region of the Middle East and North Africa (MENA), is Africa's third largest Bourse after Johannesburg Stock Exchange and Nigerian Stock Exchange in Lagos. It was established in 1929 and currently has 19 members and 81 listed securities with a total market capitalisation of $71.1 billion in 2018.
The Ghana Stock Exchange (GSE) is the principal stock exchange of Ghana. The exchange was incorporated in July 1989 with trading commencing in 1990. It currently lists 42 equities and 2 corporate bonds. All types of securities can be listed. Criteria for listing include capital adequacy, profitability, spread of shares, years of existence and management efficiency. The GSE is located within the Cedi House in Accra.
The MASI index is a stock index that tracks the performance of all companies listed in the Casablanca Stock Exchange located at Casablanca, Morocco. It is one of the two main indexes at the stock exchange, the other being the MADEX.
Maroc Telecom is the main telecommunication company in Morocco.
Attijariwafa Bank is a Moroccan multinational commercial bank and financial services company founded and based in Rabat, Morocco. It is the leading bank in Morocco and is part of king Mohammed VI's holding company the SNI.
Banque Commerciale du Maroc or B.C.M. (Arabic: البنك التجاري المغربي was a bank founded in 1911 in Morocco. The bank was part of the Moroccan king's holding company, ONA Group. In 2004, it was merged with Wafa bank to form, Attijariwafa bank.
In 2007 the financial sector of Morocco maintained an economic environment conducive to further growth of banking activity following a very good year for the sector in 2006. Morocco’s banks have been largely unaffected by the credit crisis due to their limited connection to global financial markets. The number of people with a bank account increased from 25% in 2007 to 29% in 2008, while deposits rose by 11.1% to a record Dh572.3bn (€51.5bn), 20% of which belong to Moroccan nationals living abroad. Private banks are increasingly moving towards universal banking, buying companies in all segments of the financial industry. While GDP advanced 5.6% in 2008, outstanding loans jumped 23% to a record Dh519.3bn (€46.74bn) as more people bought and furnished property. As the rest of the world saw lending dry up, Moroccan banks issued more loans, showing 2.6% growth in the first five months of 2009.
Société Nationale d'Investissement (SNI) or National Investment Company, is a large private Moroccan holding company mainly owned by the Moroccan royal family. Headquartered in Casablanca (Morocco), the company was established in 1966. SNI operates in different fields such as banking, telecommunication, renewable energy businesses and food industry among others.
