Casablanca Stock Exchange Opens the Week with Slight Decline

The Casablanca Stock Exchange began Monday’s trading session on a downward trend, as its main index, the MASI, dropped by 0,24%, closing at 18,558.62 points.

The MASI.20 index, reflecting the performance of the top 20 listed companies, declined by 0.41% to 1,510.59 points. Meanwhile, the MASI.ESG index, grouping companies with the best ESG ratings, gained 0.45% to reach 1,264.2 points.

The MASI Mid and Small Cap index, which tracks small and mid-sized companies, posted a slight decline of 0.05% to 1,796.83 points.

Regarding individual performances, the biggest losers included:

• FECINE (-7.46% / 484 MAD)

• Sanlam Morocco (-6.33% / 1,850 MAD)

• AB Maroc.com (-5.47% / 69 MAD)

• Label Vie (-4.12% / 4,305 MAD)

• Jet Contractors (-3.92% / 2,426 MAD).

Conversely, the top gainers were:

• BMCI (+9.58% / 569.8 MAD)

• Sonasid (+5.51% / 2,430 MAD)

• Feni Brosset (+4.67% / 448 MAD)

• AtlantaSanad (+3.55% / 142.9 MAD)

• Crédit du Maroc (+3.21% / 998 MAD).

The MASI had ended last Friday’s session with a 0.2% decline, closing at 18,603.59 points.