Casablanca Stock Exchange Opens on Positive Note

Casablanca Stock Exchange Opens on Positive Note
Wednesday 21 December 2022 - 12:17

The Casablanca Stock Exchange began the session slightly higher on Wednesday, its main index, the MASI gaining 0.08% to 10,907.84 points (pts).

A few minutes after the opening, the MSI 20, which includes the 20 most liquid stocks, and the Casablanca ESG 10, a thematic index that calculates the price performance of socially responsible companies, were up 0.13% to 878.92 pts and 0.68% to 819.98 pts respectively.

The day before, the MASI had closed down by 1.5%, after the decision of Bank Al-Maghrib to raise the key rate by 50 basis points (bps) to 2.50%.

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