2023-11-10 22:24:00
In October, the BMCE Capital Global Research (BKGR) portfolio recorded a notable increase of 2.66%, outperforming its Benchmark, the MASI-RB, which only advanced 1.32%.
These performances add to respective returns of 15.5% and +15.7% year to date (ytd), as indicated in BKGR’s recent “Strategy” publication. In terms of valuation, the portfolio displays a price/earnings ratio of 20.4x (compared to 20.5x for the MASI) and a dividend yield (D/Y) of 2.5%, compared to 3.1% for the Masi. According to the same publication, the main contributors to the increase in the portfolio are Akdital (+83%), Addoha (+50.7%), and Crédit du Maroc (+32.6%).
Conversely, HPS and Label’Vie experienced the largest declines, posting respective underperformances of 3.9% and 2.8% ytd.
M.Ba
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#BKGR #Stock #Market #Performance #October
