Casablanca Stock Exchange Opens Wednesday with Gains Supported by Energy and Banking Stocks
The Casablanca Stock Exchange started trading on Wednesday with an upward trend, as its main index, the “MAZAI,” continued its positive trajectory, recording an increase of 0.42% to settle at 18,374.16 points, driven by notable gains in the energy, industrial, and banking sectors.
The “MASI.20” index, which includes the top 20 listed companies, rose by 0.56% to 1,483.4 points, while the “MASI.ESG” index, focusing on companies with good environmental and social performance, increased by 0.52% to reach 1,250.24 points. The “MASI Mid and Small Cap” index, which measures the performance of small and medium-sized enterprises, also noted a gain of 0.48%, settling at 1,850.26 points.
In terms of individual performances, “Energie du Maroc” topped the list of gainers with an increase of 4.3%, reaching 2.399 dirhams, followed by “Iberdrola Maroc” with a 4.02% rise to 75 dirhams, and “Causamar,” which saw its shares increase by 3.26% to 204.45 dirhams. “Delta Holding” and “Banque Africa” recorded increases of 2.62% and 1.81%, respectively.
Conversely, “Auto Hall” shares declined by 3.16% to 92 dirhams, followed by “Immo Dar Al Saada” with a decrease of 2.34%, and “Banque Immobilière et Touristique” with a drop of 1.68%. “Colorado” and “Stiam” also experienced slight declines of 1.16% and 1.06%, respectively.
