Casablanca Stock Exchange opens slightly up

Casablanca Stock Exchange opens slightly up
Monday 4 October 2021 - 13:30

The Casablanca Stock Exchange started Monday’s session slightly higher, with the index of stocks, Masi, gaining 0.21% to 13,132.71 points.

The MSI20, which reflects the price performance of the 20 most liquid companies, rose by 0.22% to 1,074.92 points, and the Madex, a compact index made up of stocks quoted on a continuous basis, gained to 10,671.64 points.

The Environment, Social and Governance (ESG) “Casablanca ESG 10” benchmark, meanwhile, rose by 0.34% to 990.29 points.

On the positive value, Snep increased by 3.77%, ahead of Stokvis North Africa (+ 3.36%), and CIH (+ 3.27%).

Whereas, Jet Contractors dropped by 3.37%, Sothema decreased by 3.03% and Res Dar Saada decreased by 1.56%.

Last Friday, the Masi had lost 0.62% and the MSI20 had lost 0.81%.

Previously, the Casablanca Stock Exchange closed the third quarter of 2021 sharply, its main index, the Masi, taking 6.27% to 13,186.83 points.

At the end of this period, the Morocco Stock Index 20 (MSI20), which reflects the price performance of the 20 most liquid companies listed on the Casablanca market, gained 6.41% to 1,081.33 points and the Madex, a compact index, rose by 6.27% to 10,723.19 points.

The Year To Date (YTD) performance of these three barometers is placed at 16.83%, 16.93%, and 16.68%.

As for the international indices, the FTSE CSE Morocco 15 gained 7.42% to 12,540.72 points, bringing its gains since the start of the year to 22.64%, and the FTSE Morocco All-Liquid has appreciated by 6.27% to 11,253.19 points (+ 15.49% in YTD).

At the end of September, the market capitalization amounted to nearly MAD677.26 billion.

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