Casablanca Stock Exchange launches exchanges in grey mine

Casablanca Stock Exchange launches exchanges in grey mine
Friday 27 August 2021 - 17:30

The Casablanca Stock Exchange began exchanges in the grey market on Friday, August 27, its main index, Masi, losing 0.17% to 12,663.74 points.

The MSI20, which reflects the price performance of the 20 most liquid companies, fell by 0.22% to 1,034.46 points and the Madex, a compact index made up of stocks quoted continuously, depreciated by 0.18% to 10,293, 26 points.

The benchmark Environment, Social and Governance (ESG) “Casablanca ESG 10” index lost 0.31% to 951.4 points.

At values, Sothema (-3.53%) showed the strongest decline, followed by Immorente Invest (-1.42%) and Alliances (-1.16%).

On the upside, Med Paper soared 3.96% in early trading, ahead of SNEP (+ 2.28%) and Douja Prom Addoha (+ 1.47%).

The Casablanca Stock Exchange announced on Thursday the results showing the good performance of sectors, including Forestry and paper, Engineering and industrial equipment, and Real estate investment companies.

The overall volume of trading reached MAD 75.23 million, while the market capitalization exceeded MAD 652.08 billion, dominated by Maroc Telecom (MAD 122.98 billion), Attijariwafa Bank (MAD 100.19 billion), and BCP (MAD 55.01 billion).

The largest increases were achieved by Med Paper (+ 3.99%), SM Monétique (+ 3.86%), BMCI (+ 3.05%), Disway (+ 2.93%) and Atlantasanad (+2 , 86%).

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