Casablanca Stock Exchange: A Week in the Green
The Casablanca Stock Exchange ended the week from December 29 to January 2 on a positive note, with its main index, the MASI, rising by 3.96% to reach 19,208.36 points.
The MASI.20, which includes the 20 most liquid stocks, gained 3.86% to close at 1,516.02 points, while the MASI ESG, which tracks companies with the best ESG ratings as published by Moody’s ESG Solutions, increased by 3.81% to 1,273.66 points.
The MASI Mid and Small Cap index, dedicated to small and medium-sized enterprises, advanced by 3.38% to 1,883.71 points.
On the sector front, the healthcare sector (+11.2%), real estate investment companies (+9.03%), and leisure and hotels (+8.32%) recorded the best performances of the week.
Conversely, the electricity sector (-2.05%), engineering and industrial equipment (-2.01%), and beverages (-1.55%) saw the steepest declines.
The total trading volume reached 5.98 billion dirhams (MAD), comprising a central market volume of 4.9 billion MAD and block market transactions totaling 1.04 billion MAD. SGTM S.A. dominated trading with 32.37% of the total volume, followed by Attijariwafa Bank (12.49%) and BCP (9.05%).
The market capitalization stood at 1.058 billion MAD.
On an individual stock basis, SGTM S.A. (+16.08% to 940 MAD), Akdital (+13.76% to 1,240 MAD), CDM (+12.24% to 1,100 MAD), Aradei Capital (+11.11% to 440 MAD), and Eqdom (+10% to 1,200 MAD) recorded the highest gains.
In contrast, Involys (-12.57% to 183.6 MAD), Sanlam Maroc (-6.14% to 2,140 MAD), Oulmes (-5.44% to 1,182 MAD), Agma (-4.02% to 6,335 MAD), and Balima (-4% to 240 MAD) experienced the largest declines.
