Casablanca Stock Exchange: Slight Drop at Opening on Friday

The Casablanca Stock Exchange began trading this Friday on a downward trend, with its main index, MASI, declining by 0.07% to settle at 14,740.94 points.

Right after the opening, both the MASI.20 index, which tracks the performance of the top 20 listed companies, and the MASI.ESG index, measuring companies with the best ESG ratings, dropped by 0.12% (1,194.06 points) and 0.11% (1,057.21 points), respectively.

Conversely, the MASI Mid and Small Cap index, reflecting the performance of small and medium-sized listed companies, increased by 0.45%, reaching 1,438.58 points.

Stock Performance Highlights

• Top Declines:

  • Mechanical Achievements: -6.90% (475.2 MAD)

  • Taqa Morocco: -3.31% (1,400 MAD)

  • Sonasid: -2.27% (947 MAD)

  • Afric Industries: -0.99% (301 MAD)

  • Aradei Capital: -0.80% (495 MAD)

• Top Gains:

  • Jet Contractors: +3.64% (1,710 MAD)

  • Résidences Dar Saada: +1.35% (75 MAD)

  • Alliances: +1.32% (353 MAD)

  • Maroc Telecom: +1% (89.89 MAD)

  • Risma: +0.96% (210 MAD)

It’s worth noting that the MASI index closed yesterday’s session with a 0.5% gain.