A Wave of Optimism Pushes Casablanca Stock Exchange Indices Up at the Start of the Week
The Casablanca Stock Exchange began the week with a clear upward trend, as the general index “MASI” rose by 1.69% to reach 18,769.44 points, supported by strong performances from major listed companies.
Data released by the market indicated that the “MASI.20” index, which measures the performance of the top 20 capitalized stocks, surged by 1.97% to 1,523.58 points, reflecting renewed investor interest in heavyweight stocks.
Additionally, the “MASI.ESG” index, which focuses on companies committed to environmental, social, and governance standards, continued its positive trajectory, achieving a growth of 1.74% to 1,276.58 points. In contrast, the “MASI Mid and Small Cap” index saw an increase of 1.58%, reaching 1,866.41 points, buoyed by a balanced performance from medium and small enterprises.
Observers believe this improvement signifies a prevailing sense of optimism among investors as the week begins, driven by internal factors related to market stability and confidence indicators in the national economy, alongside improved market sentiments in regional exchanges.