Casablanca stock exchange ends week in green

Casablanca stock exchange ends week in green
Saturday 4 June 2022 - 13:23

The Casablanca Stock Exchange closed the period from May 30 to June 3, in the green, with its main index, the Masi, rising by 2.23% to 12,609.89 points.

The Morocco Stock Index 20 (MSI20), which reflects the performance of the prices of the 20 most liquid companies, has, for its part, gained 2.30% to 1,018.49 points and the Casablanca ESG 10, benchmark index Environment, Social and Governance (ESG), rose by 1.72% to 942.41 points.

The Forestry and Paper sector index recorded the largest increase (+22.82%), ahead of Chemicals (+5.36%), and Oil and Gas (+5.31%).

On the other hand, the Engineering and Industrial Capital Goods index showed the highest drop (-3.28%), followed by Electricity (-0.55%), and Beverages (-0.17%).

On the upside, the best performances of the week were recorded by Med Paper (+22.82%), Aluminum du Maroc (+7.43%), and Douja Prom Addoha (+6.92%).

In contrast, the largest declines were recorded by Residences Dar Saada (-6.37%), followed by SMI (-5.03%), and Delattre Levier Morocco (-3.82%).

The overall volume amounted to nearly MAD 992.7 million, carried out mostly on the central market, while the market capitalization exceeded MAD 658.73 billion.

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