The Casablanca Stock Exchange closed the month of January down sharply, the index of all values, the MASI, losing 4.15% to 10,275.45 points (pts).
At the end of the first month of 2023, the MASI 20, an index comprising the 20 most liquid stocks, fell by 3.71% to 825.61 pts and the MASI. ESG, made up of the 15 instruments with the best ESG rating, fell 2.52% to 784.75 pts.
The index of small and medium enterprises of the Casablanca Stock Exchange, the MASI.Mid small Cap, accused, for its part, a drop of 2.43% to 818.96 pts.
At the sectoral level, only 5 indices escaped the decline, namely those of health (+6.56%), building and construction materials (+2.7%), telecommunications (+2, 05%), finance companies and other financial activities (+0.18%) and portfolio companies-Holdings (+0.08%).
On the losing side, the electricity sector plunged 13.57%, the biggest monthly drop, followed by the chemicals (-11.62%), insurance (-10.71%), forestry and paper (-9.36%) and distributors (-9.02%). The overall volume of trade reached nearly 1.87 billion dirhams (MMDH), including 1.59 billion dirhams on the Central market (shares) and 226.29 million dirhams (MDH) on the block market (shares) .
Attijariwafa Bank was the most active instrument of the month with 314.46 million dirhams (MDH) of transactions, followed by Itissalat Al Maghrib with 273.11 MDH and Sodep Marsa-Morocco with 137.32 MDH.
Regarding market capitalization, it amounted at the end of January to more than 538.6 billion dirhams.
The biggest drops were recorded by Residences Dar Saada (-22.22% to 14 DH), Stokvis Nord Afrique (-18.46% to 12.81 DH), Wafa Assurance (-16.22% to 3,150 DH) , Taqa Morocco (-13.57% to 949 DH) and SNEP (-12.9% to 540 DH). The biggest increases were made by Zellidja SA (+12.71% to 82 DH), Sonasid (+8.65% to 565 DH), Maghreb Oxygene (+7.66% to 263.5 DH), Akdital ( +6.56% to 294 DH) and Lesieur Cristal (+6.52% to 245 DH).
