Collective Rise of Casablanca Stock Market Indices

Collective Rise of Casablanca Stock Market Indices

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Collective Rise of Casablanca Stock Exchange Indices

The Casablanca Stock Exchange opened on a positive note this Thursday, with the main index “MASI” rising by 0.29%, settling at 18,972.71 points.

The “MASI.20” index, which reflects the performance of the top 20 listed companies, also recorded a parallel increase of 0.29%, reaching 1,503.58 points. Meanwhile, the “MASI.ESG” index, dedicated to companies with environmental, social, and governance ratings, rose by 0.39% to hit 1,265.19 points.

The “MASI Mid and Small Cap” index, tracking the performance of small and medium-sized enterprises, saw an increase of 0.2%, stabilizing at 1,852.66 points.

Top Gainers

Leading the gainers was “Sanlam Morocco,” which rose by 9.96%, trading at 2,529 dirhams. It was followed by “Hitech Payment Systems” with an increase of 5.44% (559.9 dirhams), then “Maghreb Oxygen” at 3.42% (413.9 dirhams), “L’Oreal Crystal” at 3.13% (330 dirhams), and “Colorado” at 3.05% (83.48 dirhams).

Top Decliners

Conversely, “Delta Holding” recorded the sharpest decline at 3.9% (74 dirhams), followed by “Moroccan Bank for Commerce and Industry” (-2.97% / 620 dirhams), “CFG Bank” (-2.58% / 241.6 dirhams), then “Transport” (-1.87% / 52 dirhams), and “Atlanta Sanad” (-1.36% / 151.9 dirhams).

It is worth noting that the “MASI” index had closed the previous session on Wednesday with a slight drop of 0.14%.

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