 REFERENCE
PRICE |
| Indicative
price published by the Casablanca Stock Exchange providing the basis for
determining price change limits. |
| REGISTERED
SHARES |
| The shares of a particular company which are recorded
in their owner’s name in the company’s own registers are said to be
"registered". They can only be given over by “transfer” if
registered in the company’s books. |
| RISK |
| Risk
is represented by events which may disturb the rate of return of a
listed security. |