The Casablanca Stock Exchange opened higher on Friday, with its benchmark index, the MASI, rising by 1.43% to 12,428.09 points.
The MASI.20, which comprises the 20 most liquid stocks, and the MASI.ESG, an index of companies with the best ESG (Environmental, Social, and Governance) ratings as published by Moody’s ESG Solutions, were up by 1.59% at 1,008.65 points and 1.78% at 925.41 points, respectively.
As for the MASI Mid and Small Cap, a thematic index that measures the performance of small and medium-sized companies listed on the Casablanca Stock Exchange, it was down by 0.13% at 1,025.05 points.
At the previous close, the MASI had gained 5.08% to reach 12,252.3 points.
At the close of trading on Thursday, October 5, the MASI, the general market index, was up 5.08%, with a trading volume of over mAD 441.7 million.
Numerous large-cap stocks across all sectors contributed to this performance, boosted by the Fifa Council’s announcement that the joint Moroccan-Spanish-Portuguese bid had been selected as the sole bidder to host the 2030 World Cup.