Casablanca stock exchange closes week in decline

Casablanca stock exchange closes week in decline
Saturday 7 May 2022 - 14:38

The Casablanca Stock Exchange closed the week from May 4 to 6 down, with its main index, Masi, dropping by 0.65% to 13,051.01 points.

The Morocco Stock Index 20 (MSI20), which reflects the price performance of the 20 most liquid companies, lost 0.61% to 1,057.99 points.

The Casablanca ESG 10, the benchmark Environment, Social and Governance (ESG) index, also fell by 0.92% to 979.68 points.

On the upside, the Mining sector index showed the best performance for this week (+1.91%), followed by the Forestry and Paper index (+1.90%).

Additionally, Label Vie was the most active in terms of gains with a transactional volume of MAD 48.67 million, ahead of Sodep-Marsa Maroc (MAD 47.46 million), and Sonasid (MAD 46.80 million).

During the same period, CDM recorded the largest increase (+3.27%), followed by SMI (+2.69%), and mining Touissit (+1.95%).

In contrast, BMCI showed the highest drop (-11.62%), followed by Autonejma (-4.66%) and Mechanical Realizations (-3.99%).

The overall volume amounted to over MAD 305.60 million, while the market capitalization exceeded MAD 680.42 billion.

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