Strong Decline in the “Masi” Index at the Start of the Week in Casablanca Stock Exchange

Strong Decline in the “Masi” Index at the Start of the Week in Casablanca Stock Exchange

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Significant Drop in the “Masi” Index at the Start of the Week on the Casablanca Stock Exchange

The Casablanca Stock Exchange recorded a noticeable decline in its main indices at the start of trading on Monday, impacted by a wave of decreases affecting several listed securities.

The main index, “Masi,” fell by 3.68% to settle at 17,472.71 points, continuing its downward trend after ending last Friday’s session with a loss of 1.25%.

The “MASI.20” index, which reflects the performance of 20 companies listed on the market, experienced an even stronger decline of 4.6%, hitting 1,316.23 points, indicating clear pressure on the largest market capitalizations.

Similarly, the “MASI.ESG” index, which includes companies with top rankings in sustainability standards, dropped by 2.41% to 1,201.57 points.

For small and medium enterprises, the “MASI Mid and Small Cap” index fell by 3.3% to 1,808.84 points, signaling that the downward trend has extended to various market segments.

This collective performance reflects a negative start to the week for the Casablanca Stock Exchange, amidst ongoing pressures that had closed out the previous week’s trading activities.

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