The Casablanca Stock Exchange closed on Monday sharply, driven by the good performance in particular of the “Forestry and paper” and “buildings and construction materials” sectors.
The Masi index rose 1.05% to 12,433.94 points and the Morocco Stock Index 20 (MSI20) gained 1.23% to 1017.45 points. The Madex index, for its part, advanced 1.11% to 10,105.51 points.
The benchmark Environment, Social and Governance (ESG) “Casablanca ESG 10” index rose 1.17% to 932.24 points.
At the international level, the FTSE CSE Morocco 15 and the FTSE Morocco All-Liquid respectively gained 1.28% to 11,746.55 points and 1.24% to 10,607.21 points.
This increase can be explained by the performances achieved in particular by the “Forestry and paper” and “Building and construction materials” sectors, whose indices ended with respective gains of 3.80% and 1.74%. Likewise, the telecommunications sector gained 1.62%, supported by its only title Itissalat Al-Maghrib.
On the downside, the “Holding Companies” index fell 2.60%, while the “Electricity” and “Real estate participation and promotion” sectors lost 1.90% and 1.39%.
The overall volume of securities trading reached 95.68 million dirhams (MDH), carried out entirely on the central market. The market capitalization amounted to more than 639.30 billion dirhams (billion dirhams).
The largest declines were recorded by Stroc Industrie (-3.99%), Fenie Brossette (-3.97%), Res Dar Saada (-3.55%), Delta Holding (-2.64%) and Alliances (-2.58%).