Casablanca Stock Exchange Opens on a Positive Note

The Casablanca Stock Exchange started trading on a positive trend this Wednesday, with its main index, MASI, rising by 0.42% to settle at 15,039.81 points.

Shortly after the opening, both the MASI.20 index, which reflects the performance of the top 20 listed companies, and the MASI.ESG index, tracking the highest-rated ESG companies, increased by 0.53% to 1,223.48 points and 0.31% to 1,076.47 points, respectively.

Meanwhile, the MASI Mid and Small Cap index, representing the performance of small and medium-sized companies, climbed by 0.64% to reach 1,454.55 points.

Top Gainers

• Stockvis North Africa: +8.42% (MAD 15.96)

• Involys: +4.38% (MAD 100.95)

• CTM: +2.81% (MAD 647.8)

• CFG Bank: +2.75% (MAD 207.5)

• CIH Bank: +2.34% (MAD 419.95)

Top Decliners

• Maghreb Payment Systems: -3.85% (MAD 225)

• Mecachrome: -1.48% (MAD 470)

• Crédit du Maroc: -0.87% (MAD 2,021)

• Managem: -0.78% (MAD 2,175)

• Jet Contractors: -0.03% (MAD 1,665)

On Tuesday, the MASI index had also recorded a significant gain of 0.77% by the close of trading.