The Casablanca Stock Exchange Opens With Gains
Casablanca Stock Exchange Opens Higher
The Casablanca Stock Exchange began trading on a positive note on Friday, with its main index, the MASI, rising by 0.21% to reach 18,793.65 points.
The MASI 20, which includes the 20 most liquid stocks, saw an increase of 0.17%, climbing to 1,529.44 points. Meanwhile, the MASI ESG, which tracks companies with the highest ESG ratings published by Moody’s ESG Solutions, gained 0.06%, reaching 1,271.27 points.
In contrast, the MASI Mid and Small Cap index, which measures the performance of small and medium-sized enterprises listed on the Casablanca Stock Exchange, decreased by 0.34%, settling at 1,830.57 points.
On an individual stock level, notable gainers included Med Paper (+3.93% to 29.88 DH), Afriquia Gaz (+3.69% to 4,160 DH), BCP (+3.12% to 295.95 DH), Douja Prom Addoha (+2.65% to 38.69 DH), and Cosumar (+2.32% to 211.8 DH), showcasing the strongest increases.
Conversely, the largest declines were observed in Atlantasanad (-4.32% to 147.25 DH), CFG Bank (-1.98% to 243.1 DH), Bank Of Africa (-1.74% to 226 DH), HPS (-1.7% to 516 DH), and Disty Technologies (-1.62% to 364 DH).
On Thursday, the MASI had closed with a gain of 0.46%.
