The Casablanca Stock Exchange Opens Higher
Casablanca Stock Exchange Opens Higher with Notable Gains
The Casablanca Stock Exchange started the week on a positive note, with its main index, the MASI, rising by 1.47% to reach 18,920.42 points.
The MASI 20 index, which tracks the 20 most liquid stocks, moved up by 1.66%, reaching 1,542.08 points. The MASI ESG index, representing companies with the best ESG ratings as published by Moody’s ESG Solutions, saw an increase of 2%, reaching 1,284.44 points.
The MASI Mid and Small Cap index, which measures the performance of small and medium-sized enterprises listed on the Casablanca Stock Exchange, also gained 0.75%, climbing to 1,835.94 points.
Among individual stocks, Société des Boissons du Maroc led the way with an impressive increase of 8.4% to 2,246 MAD. Other strong performers included Maghreb Oxygène, which rose by 6.54% to 417.25 MAD; Ciments du Maroc, up 6.23% to 2,029 MAD; Med Paper, increasing by 4.83% to 29.93 MAD; and Delta Holding, gaining 4.66% to 75.99 MAD.
Conversely, the hardest-hit stocks included Ib Maroc.com, which fell by 5.86% to 72.02 MAD; Involys, down 3.85% to 221.1 MAD; Afric Industries, which slipped 1.87% to 328.55 MAD; Vicenne, declining by 1.65% to 478 MAD; and Ennakl, decreasing by 1.5% to 57.12 MAD.
On Friday, the MASI had closed with a loss of 0.58%.
