Casablanca Stock Exchange Opens Lower This Friday

The Casablanca Stock Exchange started trading down this Friday, with its main index, MASI, falling by 1.3% to 18,293.17 points.

The MASI.20 index, which reflects the performance of the top 20 listed companies, dropped by 1.82% to 1,490.51 points, while the MASI.ESG index (for companies with the best ESG ratings) declined 1.8% to 1,251.2 points.

The MASI Mid and Small Cap index also dropped by 1.93%, settling at 1,773.2 points.

Top individual stock losers included:

• Involys: -9.99% (MAD 89.11)

• Stokvis North Africa: -8.94% (MAD 55.5)

• Eqdom: -7.01% (MAD 1,114)

• Disway Technologies: -6.85% (MAD 306.2)

• Fenie Brossette: -6.8% (MAD 316.05)

Conversely, Société des Boissons du Maroc was the only stock to record gains.

The MASI had already closed 0.65% lower on Thursday.