Casablanca Stock Exchange Opens Trading with Drop in “MASI” Amid Decline of Small and Medium Enterprises
The Casablanca Stock Exchange began its trading on Tuesday with a noticeable decline, as its main index, “MASI,” dropped by 0.54% to reach 18,283.84 points.
In contrast, the “MASI.20” index, which tracks the performance of 20 major listed companies, showed a slight increase of 0.1%, reaching 1,310.7 points. Meanwhile, the “MASI.ESG” index, which focuses on companies with the best environmental, social, and governance ratings, fell by 0.33% to 1,185.09 points.
The “MASI Mid and Small Cap” index, reflecting the performance of small and medium-sized enterprises, experienced a sharp decline of 2.91%, dropping to 1,746.34 points.
The “MASI” index had closed trading on Monday with a loss of 4.21%, marking its largest drop in some time.
