Moroccan Most Active Shares Index (MADEX)
(Redirected from MADEX)
Jump to navigation
Jump to search
 |
|---|
First published on January 1, 2002, the Moroccan Most Active Shares Index (MADEX) is a compact index that tracks the most active securities listed on the Casablanca Stock Exchange, based on liquidity over the previous six months.[1]
In 2004, the Casablanca Stock Exchange changed the method for calculating their indexes, based on the idea of floating, to better match the stock position of a company and their position in the index. Since then, the index is often referred to as MADEX Float or MADEX Free Float Index.[2]
The MADEX is one of two main indexes at the exchange, the other is the Moroccan All Shares Index (MASI).
References[edit]
- ↑ Special Data Dissemination Standard - Morocco. IMF.
- ↑ Casablanca Stock Exchange - Indices. Casablanca Stock Exchange.