The Casablanca Stock Exchange ended its trading on Wednesday down, weighed down in particular by the poor performance of the sectors of “Mines”, “Finance companies and other financial activities”, “Telecommunications” as well as certain banking stocks.
At the end of the last session in March, the Masi, a global index made up of all equity-type securities, lost 0.3% to 11,483.65 points, and the Morocco Stock Index 20 (MSI20) dropped 0, 34% to 935.7 points.
The Madex, a compact index made up of stocks quoted on a continuous basis, for its part fell by 0.32% to 9,336.07 points.
Regarding international indices, the FTSE CSE Morocco 15 dropped 0.13% to 10,484.89 points and the FTSE Morocco All-Liquid fell 0.36% to 9,811.66 points.
The benchmark Environment, Social and Governance “Casablanca ESG 10 ″ fell 0.29% to 872.92 points.
From a sector perspective, the “Pharmaceutical industry” index posted the best performance of the day (1.8%), thanks to the good performance of Sothema (1.98%).
The “real estate participation and promotion” sector gained 0.88%, driven by Alliances (1.4%) and Douja Prom Addoha (0.98%).
Also on the rise, the “Transport Services” index rose 0.23%, the “Oil and Gas” sector 0.14% and that of “Agri-food / Production” 0.1%. Conversely, the sector of “Holding Companies” shows the largest drop of the day (3.59%), followed by that of Mining (0.89%) and “Transport” (0.83 %).
The index of “Financing companies and other financial activities” fell 0.62%, under the effect of Salafin (-2%). The latter reported a net loss of 16 million dirhams (MDH) for the past year.
At the level of banks (-0.48%), the rise in BMCI (1.41%), BCP (0.8%) and CIH (0.38%) could not offset the decline of Attijariwafa Bank (1.09%) and Bank Of Africa (1.01%).
The volume of trade was over 120.5 million dirhams (MDH), mainly carried out on the central market. The market capitalization, for its part, exceeded 595.33 billion dirhams (billion dirhams).
The largest increases were posted by Cartier Saada (3.96%), Ennakl (3.38%), Sothema (1.98%), Afric Industries (1.78%) and BMCI (1.41%), while the heaviest drops were accused by Ib Maroc.com (3.88%), Delta Holding (3.62%), Salafin (2%), Fenie Brossette (1.89%) and Involys (1.87 %).