The Casablanca Stock Exchange ended the month of June in positive territory, bolstered in particular by the performance of the “Real estate participation and promotion” and “Forestry and Paper” sectors.
The Masi, a global index made up of all equity-type securities, rose 2.43% to 12,409.24 points and the Morocco Stock Index 20 (MSI20) by 2.55% to 1,016.21 points.
The Madex, a compact index made up of stocks quoted on a continuous basis, gained 2.41% to 10,090.91 points, while the Environment, Social and Governance benchmark “Casablanca ESG 10” increased by 1.91% at 929.43 points.
Internationally, the FTSE CSE Morocco 15 gained 3.80% to 10,674.91 points and the FTSE Morocco All-Liquid 2.26% to 10,589.70 points.
The stock market saw 18 sector indices end on a positive note, compared to 5 that lost ground and only one stagnant sector. The real estate sector (+ 31.85%) soared by 31.85%, achieving the best sector performance, thus ahead of the sectors of “Forestry and Paper” (+ 21.86%) and ” Pharmaceutical industry ”(+ 16.55%).
On the other hand, the sector of “Portfolios-Holding” dropped 5.64%, as well as that of Community Services (-5.32%) and Telecommunications (-1.79%). The market capitalization, meanwhile, amounted to more than 637 billion dirhams (billion dirhams), while the overall volume of trade stood at 9.58 billion dirhams.
At individual values, the largest increases were achieved by Résidences Dar Saada (+ 35.56%), Fenie Brossette (+ 34.17%) and Alliances (32.74%). On the other hand, the heaviest drops were recorded by Unimer (-12.91%), Maroc Leasing (-11.32%) and Rebab Company (-10.87%). In addition, Ciments du Maroc, Attijariwafa Bank and Itissalat Al-Maghri were the most active instruments of the month with respective shares of 33.72%, 14.49% and 6.56%.