Casablanca Stock Exchange Opens Lower on Wednesday

The Casablanca Stock Exchange opened trading this Wednesday with a downturn, as its main index « MASI » dropped by 0.45% to 18,758.58 points.

The « MASI.20 » index, tracking the top 20 listed companies, declined by 0.52% to 1,540.99 points. The « MASI.ESG » index, reflecting the performance of top-rated ESG companies, also lost 0.56%, settling at 1,305.06 points.

Meanwhile, the « MASI Mid and Small Cap » index, which follows small and mid-cap companies, fell by 0.21% to 1,791.34 points.

• Bank of Africa: -3.2% (266.1 MAD)

• Managem: -3.11% (5,135 MAD)

• Fenie Brossette: -2.38% (431.5 MAD)

• Delta Holding: -2.25% (81.13 MAD)

• Med Paper: -1.35% (27 MAD)

• Carti Saada: +7.47% (40.99 MAD)

• Stokvis North Africa: +4.12% (70.8 MAD)

• Afric Industries: +2.62% (348.9 MAD)

• Mechanical Works: +2.46% (577.9 MAD)

• Sothema: +1.65% (1,540 MAD)

Yesterday, the MASI index closed with a 0.19% gain.