The Casablanca Stock Exchange ends in the Red

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The Casablanca Stock Exchange closed Thursday’s session in red, pulled down by the poor performance of the “Building & Building Materials” and “Utilities” compartments.
At the final bell, the Masi, a global index composed of all equity-type stocks, lost 0.78% to 11,420.46 points, and the Madex, a compact index composed of continuously quoted stocks, fell from 0.81% to 9,300.26 points.

Regarding international indices, the FTSE CSE Morocco 15 accumulated 10,235.30 points, down 0.92%, while the FTSE Morocco All-Liquid lost 0.84% to 9,869.84 points.

The Environment, Social and Governance (ESG) benchmark “Casablanca ESG 10” dropped 0.94% to 905.18 points.

The largest decrease at the sectoral level was recorded by the “Building & Construction Materials” sub-fund (-2.84%), due to the decline in “Sonasid” (-3.10%), “Lafargeholcim Mar” (-2.99%), “Ciments du Maroc” (-2.84%) and “Jet Contractors” (-1.65%) titles.

 

The “Utilities” segment also followed the downward trend of the session with a decrease of around 2.59%.

As a result, the total volume of securities traded reached MAD206.30 million (MDH), mainly in the central market.

The market capitalization amounted to nearly MAD585.93 billion (MMDH).

The largest increases were recorded by S.M. Monétique (+6% to 265 DH), Nexans Maroc (+5.99% to 122.95 DH), Fenie Brossette (+5.78% to 72.99 DH), Timar (+5.76% to 178 DH) and Microdata (+5.63% to 300 DH).

The largest decreases were recorded by Stroc Industrie (-6.62% to 13.25 DH), Auto Nejma (-5.95% to 1.975 DH), SMI (-5.92% to 1.129 DH), Res Dar Saada (-3.42% to 70.50 DH) and Sonasid (-3.10% to 295 DH).

Source : MAP