The Casablanca Stock Exchange closes in the green

The Casablanca Stock Exchange closed Thursday’s session in good shape, taking advantage of the good performance of the “Forestry and paper” and “Pharmaceutical industry” sectors.

The Masi, a global index made up of all equity-type securities, gained 0.26% to 11,556.42 points, and the Morocco Stock Index 20 (MSI20) rose 0.27% to 942.90 points. The Madex, a compact index made up of stocks quoted on a continuous basis, appreciated by 0.25% to 9,390.58 points.

Regarding international indices, the FTSE CSE Morocco 15 rose 0.45% to 10,559.03 points and the FTSE Morocco All-Liquid gained 0.30% to 9,882.10 points.

The “Casablanca ESG 10” Environment, Social and Governance benchmark index improved by 0.40% to 881.84 points.

In terms of sectors, “Forestry and paper” rose 2.69%, boosted by the rise in Med Paper. Driven by the “Sothema” stock (+ 1.99%), the “Pharmaceutical industry” sector (+ 1.83%) is also among the winners alongside the “Hardware, software and IT services” sector (+1, 23%).

In contrast, the “Leisure and hotels” sector showed the largest drop (-3.99%), followed by that of “Holding companies-Holdings” (-3.30%) and “Beverages” ( -0.34%).

The overall volume of securities exchanges amounted to nearly 75.4 million dirhams (MDH), mainly carried out on the central market. The market capitalization stood at 598.5 billion dirhams (MMDH).

The largest increases were achieved by Med Paper (+ 2.69%), Sothema (+ 1.99%), Centrale Danone (+ 1.98%), Managem (+ 1.94%) and Afric Industries SA ( + 1.88%).

The largest declines were recorded by Risma (-3.99%), CDM (-3.84%), Ennakl (-3.67%), Stokvis Nord Afrique (-3.51%) and Delta Holding (- 3.32%).


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