Casablanca Stock Exchange Continues Upward Trend Supported by Recovery in Investor Confidence
The Casablanca Stock Exchange opened on Tuesday with an upward trend, driven by the positive performance of several key stocks. Its main index, MASI, rose by 0.5% to reach 19,179.82 points.
The MASI 20 index, which includes the twenty most traded stocks in the market, also increased by 0.52%, reaching 1,560.64 points. Meanwhile, the MASI ESG index, dedicated to companies with high rankings in environmental, social, and governance (ESG) criteria according to Moody’s ESG Solutions, saw a gain of 0.4%, reaching 1,306.17 points.
Small and medium-sized enterprises followed suit, with the MASI Mid and Small Cap index rising by 1.13%, recording 1,910.46 points.
This positive trend continues from Monday’s session, which closed with an increase of 1.4%, reflecting a return of confidence among investors after a period of market hesitation.
