Tuesday, December 31, 2019

Casablanca Stock Exchange Begins Up


The Casablanca Stock Exchange started its last session of the year slightly higher, its two main indices, Masi and Madex, each taking 0.06%.

 Thus, the Masi, a global index made up of all equity-type stocks, advanced to 12,201.53 points and the Madex, a compact index made up of continuously quoted stocks, totaled 9,945.72 points.

 Regarding international indices, the FTSE CSE Morocco 15 fell 0.10% to 10,937.39 points and the FTSE Morocco All-Liquid remained almost stable (-0.01%) at 10,479.27 points.

 The Environment, Social and Governance (ESG) "Casablanca ESG 10" benchmark rose 0.01% to 947.54 points.

 In values, IB Maroc.com gained 9.98%, thus signing the largest increase at the start of trading, followed by Société des Beverages du Maroc (+ 1.79%) and Mutandis SCA (+ 1.43%).

 In addition, Sodep-Marsa Maroc gained 0.72%, Afriquia Gaz 0.55% and Attijariwafa Bank 0.20%.

 On the downside, Stroc Industrie dropped 3.85%, Atlanta lost 2.54%, while the real estate trio, Res Dar Saada, Douja Prom Addoha and Alliances, lost respectively 2.40%, 1.75% and 1.08  %.

 Label Vie (-0.44%) and Itissalat Al-Maghrib (-0.13%) were also among the declines at the start of the day.

 As regards the most active stocks, Label Vie drained 151.31 million dirhams (MDH), Afriquia Gaz 48.56 MDH and Sodep-Marsa Maroc 3.42 MDH.

 The day before, the Casablanca Stock Exchange had closed its exchanges in the green, the Masi and the Madex taking 0.04% each

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