The Casablanca Stock Exchange closed the week from November 22 to 26 in decline, with its main index of all stocks, Masi, dropping by 0.89% to 13,221.08 points.
By the end of this week, the Casablanca market has seen ups and downs, the Morocco Stock Index 20 (MSI20), made up of the 20 most liquid companies, fell by 0.82% to 1.076.53 points, and the Madex, a compact index made up of stocks also dropped by 0.98% to 10,696.54 points.
The Casablanca ESG 10, an Environment, Social and Governance benchmark index dropped by 0.85% to 990, 78 points.
On the sector level, only 5 sectors were able to escape the downward trend, including “Forestry and Paper” (+10.33%), “portfolio companies and Holding” (+2.53%), and financial companies and other related activities (+2.49%).
In contrast, 19 sectors showed the highest drops, including participation and promotion of real estate (-5.35%), and community services (-0.02%).
The overall volume of trade for this period reached MAD457.04 million, while the market capitalization stood at over MAD681.74 billion.
Maroc Telecom was the most active in terms of gains, reaching a trading volume of more than MAD49.81 million, representing 10.95% share of transactions, ahead of BCP with more than MAD47.85 million (10.52 %), Cosumar with more than MAD47.16 million (10.36%), and Attijariwafa Bank with MAD44.83 million (9.85%).
The best weekly performances were achieved by Med Paper (+10.33%), ahead of Maghreb Oxygène (+10.2%), and Salafin (+6.81%), while the highest drops were recorded by Douja Prom Addoha (-6,47%), Auto Hall (-6.17%), and Ib Maroc.com (-4.41%).
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