The Casablanca Stock Exchange Opens Higher This Tuesday

The MASI Starts the Session in Positive Territory

The Casablanca Stock Exchange opened higher this Tuesday. Its main index, the MASI, rose by 0.41%, reaching 19,520.72 points, affirming the positive momentum observed at the beginning of the week.

Sector Index Performance

The MASI 20, which comprises the 20 most liquid stocks, increased by 0.34% to 1,542.9 points. Meanwhile, the MASI ESG, which tracks companies rated highly for environmental, social, and governance (ESG) criteria by Moody’s ESG Solutions, was up by 0.7%, reaching 1,299.88 points.

Growth in Mid and Small Capitalization Stocks

The MASI Mid and Small Cap index, reflecting the performance of small and mid-cap stocks, showed a rise of 0.75%, hitting 1,929.87 points, indicating investor interest in this market segment.

Biggest Gainers at the Start of Trading

The stocks recording the best performances were:

Lesieur Cristal: +5.41% to 370 DH

Stokvis Nord Afrique: +4.1% to 112.9 DH

Afriquia Gaz: +3.33% to 4,195 DH

Delta Holding: +3.16% to 79.95 DH

CMGP Group: +2.75% to 411 DH

Major Declines

Conversely, some stocks fell:

Colorado: -2.54% to 83.23 DH

M2M Group: -2.15% to 455 DH

SNEP: -1.94% to 485.4 DH

TGCC: -1.6% to 925 DH

Cash Plus: -1.26% to 310 DH

Recap of the Previous Close

For reference, the MASI closed the previous session on a 1.21% gain, supporting the upward trend observed at the opening this Tuesday.