Casablanca Stock Exchange: weekly performance

Casablanca Stock Exchange: weekly performance
Saturday 9 October 2021 - 15:42

Casablanca Stock Exchange announced its results between 04 to 08 October 2021, its index of stocks Masi, increasing by 0.66% or 13,192.55 points.

The MSI20 increased by 0.59% to 1,078.98 points and the Madex by 0.63% to 10,715.24 points.

The utilities sector soared 15.69%, ahead of engineering and Industrial Equipment by 10.64% and transport services by 6.28%.

The global volume of trade for this period reached nearly MAD 583 million and capitalization stood at over MAD 678 billion.

Label Vie was the most active in terms of gains, reaching MAD 74.86 million, 14.72% of the trading volume, ahead of LafargeHolcim Maroc by 12.31% and Attijariwafa Bank by 11.97%.

The Casablanca Stock Exchange started this week’s session on October 04 slightly higher, with the index of stocks, Masi, gaining 0.21% to 13,132.71 points.

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

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

The World Bank said in its last report published on October 07, GDP growth in Morocco is projected to rebound by 5.3% in 2021 and may return to its pre-pandemic level of GDP in 2022, following a gradual acceleration of growth with the implementation of ongoing and planned reforms.

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