Economy

Casablanca Stock Exchange Opens Trading with Positive Performance

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The Casablanca Stock Exchange began its trading this Wednesday on a positive note, with the main index, MASI, rising by 0.26% to settle at 14,229.52 points.

The MASI.20 index, reflecting the performance of the top 20 listed companies, increased by 0.35% to 1,152.55 points.

The MASI.ESG index, which tracks companies with the best ESG (Environmental, Social, and Governance) ratings, gained 0.26%, reaching 1,023.67 points.

Meanwhile, the MASI Mid and Small Cap index, representing the performance of small and medium-sized companies, rose by 0.27% to 1,339.54 points.

On an individual stock level, the top performers included Société Minière d’Imiter (+6.89% to 2,435 dirhams), Stroc Industrie (+6.54% to 58 dirhams), Involys (+3.55% to 102 dirhams), Med Paper (+3% to 22.66 dirhams), and Attijariwafa Bank (+2.19% to 558.9 dirhams).

On the other hand, the biggest declines were recorded by Stokvis North Africa (-5.38% to 14.78 dirhams), Cartier Saada (-5.16% to 36.03 dirhams), Crédit Immobilier et Hôtelier (-3.29% to 411 dirhams), Atlanta Sanad (-1.5% to 131.5 dirhams), and Delta Holding (-1.4% to 56.4 dirhams).

The MASI index had ended Tuesday’s session with a loss of 0.53%.

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