Casablanca stock exchange ends week in red

Casablanca stock exchange ends week in red
Saturday 28 May 2022 - 14:38

The Casablanca Stock Exchange closed the period from May 23 to 27 in the red, with its main index, the Masi, dropping by 2.31% to 12,334.93 points.

The Morocco Stock Index 20 (MSI20), index, lost 2.35% to 995.56 points and the Casablanca ESG 10, the benchmark Environment, Social and Governance index (ESG), fell by 2.06% to 926.52 points.

The Forestry & Paper index showed the highest drop for the week (-7.72%), followed by Oil & Gas (-4.86%).

On the other hand, the Hardware, Software & IT Services sector index recorded a gain of (+1.24%), ahead of Real Estate (+0.96%).

On the upside, Realisations mecaniques recorded the largest increase (+5.42%), ahead of HPS (+3.05%), and Douja Prom Addoha (+2.85%).

In contrast, the largest declines of the week were recorded by TGCC S.A (-8.32%), followed by Jet Contractors (-8.22%), and Cartier Saada (-8.21%).

The overall volume amounted to nearly MAD 1.33 billion, and the market capitalization also has exceeded MAD 644.89 million.

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