A week in the green

The Casablanca Stock Exchange closed the period from July 12 to July 15 in the green, its main index, the Masi, gaining 1.03% to 11,831.42 points.

The Morocco Stock Index 20 (MSI 20), which reflects the price performance of the 20 most liquid companies, rose 1.06% to 956.38 points and the Casablanca ESG 10, the Environment, Social and Governance benchmark index ( ESG), took 0.51% to 884.94 points.

Since the start of the year, these three indices have posted underperformances of 11.43%, 11.91% and 11.33% respectively.

At the end of this period, 15 sector indices closed on a positive note, against 6 in negative territory, while two showed no change.

Boosted by SNEP (+7.67%), the chemicals sector offered the best weekly performance (+7.13%), ahead of oil and gas (+3.27%) and buildings and building materials (+2.61%).

On the downside, the index of Portfolio companies-Holdings (-6.83%) showed the strongest decline, followed by that of Leisure and hotels (-2.61%) and engineering and industrial capital goods. (-1.81%).

The overall volume of trade amounted to more than 445.15 million dirhams (MDH), including 222.52 MDH made on the Central market (Shares) and 199.84 MDH on the Block market (shares).

On the podium of the most active values ​​are the BCP with a transactional volume of 59.93 MDH, Managem (22.08 MDH) and Attijariwafa Bank (18.07 MDH).

Market capitalization exceeded 614 billion dirhams (MMDH).

The best performances of the week were the work of Sonasid (+8.92% to 730 dirhams), SNEP (+7.67% to 786 dirhams), Cartier Saada (+6.08% to 26.52 dirhams) , Afric Industries SA (+4.55% to 368 dirhams) and Afriquia Gaz (+4.44% to 4,700 dirhams).

On the other hand, the biggest drops were recorded by Delta Holding (-6.90% to 27 dirhams), M2M Group (-3.99% to 778.90 dirhams), Jet Contractors (-3.85% to 185 dirhams), CDM (-3.71% to 647.1 dirhams) and Delattre Levivier Morocco (-3.45% to 56 dirhams).

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