Weekly performance down slightly

The Casablanca Stock Exchange closed the week of March 27 to 31 running slightly lower, its main index, the MASI, falling by 0.13% to 10,391.39 points (pts).

During this week, the MASI Mid and Small Cap, thematic index which calculates the price performance of small and medium-sized companies listed on the Casablanca Stock Exchange, lost 1% to 854.45 pts.

Against the trend, the MASI.20, which reflects the price performance of the 20 most liquid companies, and the MASI.ESG, an index of companies with the highest ESG ratings, as published by Moody’s ESG Solutions, respectively gained 0 0.08% to 832.06 pts, and 0.17% to 787.70 pts.

At the sector level, 14 indices ended down, 7 up and 2 remained stable. The pharmaceutical sector showed the largest decline (-10.51%), followed by chemicals (-7.44%) and mining (-3.07%). Conversely, the real estate sector recorded the highest increase (5.70%), ahead of telecommunications (5.26%) and distribution (3.91%).

The overall volume of trade amounted to 851.15 million dirhams (MDH), including 620.48 MDH made on the Central market, 229.50 MDH on the Block market, and 1.17 MDH in transfers. On the podium of the most active stocks of the week, Attijariwafa Bank is in the lead with a volume of 206.45 MDH, followed by Itissalat Al-Maghrib (124.94 MDH), and LafargeHolcim Morocco (62.16 MDH).

Market capitalization stood at 542.10 billion dirhams (MMDH). As for values, the biggest drops of the week were recorded by Sothema (-11.60% to 1,227 DH), Ib Maroc.Com (-9.23% to 18.2 DH), Res Dar Saada (-8.26% at 10 DH), Snep (-8.09% at 483.9 DH) and Eqdom (-7.89% at 875 DH).

The best performances were achieved by Alliances (+12.95% to 62.12 DH), Timar (+12.31% to 204.4 DH), Ennakl (+9.68% to 34 DH ), Salafin (+5.79% to 638 DH) and Itissalat Al-Maghrib (+5.26% to 85 DH).

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