The Casablanca Stock Exchange decided to give up on the Madex index starting January 1st, following Masi and MSI20’s better performance on the stock market.
The Morocco Stock Index 20 (MSI20) will replace Madex and will become the benchmark index of the Casablanca Stock Exchange, after taking into account international best practices as well as the specificities of the Moroccan market.
The success of the MSI20 since its launch has prompted the Casablanca Stock Exchange to adopt it as a benchmark index for the stock market, alongside the Masi, which is the main index of all stocks.
Those Stock market indices represent an indicator of performance as well as a benchmark for companies’ portfolios, enabling to follow the trend and development of the economic sector’s activity, in addition to showing risks and profitability for investment.
Recently, Centrale Danone was suspended from the stock market starting December 3, following the launch of the public buyout offer, after it kept showing drops on the stock market’s indices.
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