Economy

Casablanca Stock Exchange Opens Strong

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The Casablanca Stock Exchange opened trading this Thursday on a positive note, with its main index, « MASI », advancing by 0.11% to settle at 13,862.81 points.

The « MASI.20 » index, which reflects the performance of 20 listed companies, recorded a slight rise of 0.05%, reaching 1,123.97 points. Meanwhile, the MASI.ESG index, which tracks companies with the best ESG ratings, also increased by 0.05% to 1,001.82 points.

Additionally, the « MASI Mid and Small Cap » index, which tracks the performance of small and medium-sized listed companies, grew by 0.39% to 1,286.07 points.

In terms of individual stocks, the strongest gains were recorded by « Ab Maroc.com » (+7.84% at 40.98 dirhams), « Mechanical Achievements Company » (+5.57% at 550 dirhams), « Delta Holding » (+2.46% at 49.98 dirhams), « Stroc Industry » (+2.3% at 55.24 dirhams), and « Mutandis » (+2.14% at 276.8 dirhams).

On the other hand, the largest declines were posted by « CTM » (-2.19% at 665 dirhams), « Stockvis North Africa » (-2.08% at 16 dirhams), « Disway Technology » (-1.68% at 234 dirhams), « Transport » (-0.87% at 33 dirhams), and « Label Vie » (-0.79% at 4,400 dirhams).

Yesterday, the MASI index closed with a 0.34% loss.

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