Casablanca Stock Exchange: A week in the red

The Casablanca Stock Exchange ended the period from June 13 to 17 in the red, its main index, the Masi, yielding 3.83% to 12,083.57 points.

The Morocco Stock Index 20 (MSI20), which reflects the price performance of the 20 most liquid companies, lost 4.10% to 975.38 points, while the Casablanca ESG 10, the benchmark Environment, Social and Governance index ( ESG), dropped 3.78% to 907.95 points.

At the end of this week, only 2 sectors posted positive performances, against 20 sector indices which ended on a negative note and one sector which remained stable.

The Real Estate index (-9.65%) showed the strongest decline, followed by “Leisure and hotels” (-8.26%) and that of the “pharmaceutical industry” (-4.79%).

Against the trend, the “Transport” index (+1.15%) recorded the best weekly performance, ahead of “Engineering and industrial capital goods” (+0.83%).

The overall volume amounted to nearly 1.20 billion dirhams (MMDH). On the podium of the most active stocks are CIH with a transaction volume of 180.61 million dirhams (MDH), Attijariwafa Bank (95.07 MDH) and Minière Touissit (69.96 MDH).

Market capitalization exceeded 632 billion dirhams.

On the values ​​side, the biggest drops of the week were recorded by Alliances (-13.04%), Sonasid (-11.86%), SMI (-10.49%), Douja Prom Addoha (-9.31% ) and Risma (-8.26%).

Conversely, the best performances were the work of Colorado (+19.88%), Zellidja SA (+3.99%), Dari Couspate (+3.13%), Jet Contractors (+2.63 %) and BMCI (+2.56%).

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