The Casablanca Stock Exchange Opens on a Positive Note
Casablanca Stock Exchange: Positive Start After Yesterday’s Decline
Casablanca – After closing the previous session with a significant drop of 2.3%, the Casablanca Stock Exchange began trading on a positive note Wednesday morning, with its benchmark index, the MASI, rising by 0.69% to 18,752.54 points.
The MASI 20 index, which comprises the 20 most liquid stocks, increased by 0.84% to 1,528.13 points, while the MASI ESG, which reflects companies rated highly on ESG criteria according to Moody’s ESG Solutions, rose by 0.68% to 1,267.05 points.
In addition, the MASI Mid and Small Cap index, which captures the performance of small and medium-sized companies, saw an uptick of 0.35%, reaching 1,836.88 points.
Among individual stocks, BCP led the pack with a 4.8% increase to 293.95 MAD, followed by Bank of Africa at +4.64% to 237 MAD, Cosumar up by 4% to 208 MAD, Addoha rising by 2.66% to 38.6 MAD, and HPS increasing by 2.27% to 540 MAD.
Conversely, Sanlam Maroc faced the largest decline, dropping by 5.5% to 1,942 MAD, followed by CTM at -2.95% to 888 MAD, Ib Maroc.com at -2.75% to 71.05 MAD, Involys down by 1.76% to 223 MAD, and Ennakl decreasing by 1.74% to 56.01 MAD.
