The Casablanca Stock Exchange ended on Friday in gloom, suffering from the poor orientation of insurance and construction stocks.
At the end of this day, the Masi, a global index made up of all equity-type securities, lost 0.43% to 9,952.63 points, and the Madex, a compact index made up of stocks quoted on a continuous basis lost as much to 8,086.95 points.
Regarding international indices, the FTSE CSE Morocco 15 rose 0.09% to 9,042.20 points, while the FTSE Morocco All-Liquid lost 0.40% to 8,565.11 points.
The benchmark Environment, Social and Governance (ESG) “Casablanca ESG 10” dropped 0.21% to 747.74 points.
From a sector perspective, the “Portfolio-holding companies” compartment saw its index decrease by 3.76%, as did the “Buildings and construction materials” sector (-2.33%) which was drawn into its in the wake of the two cement companies Lafarge Holcim Maroc (-1.77%) and Ciments du Maroc (-3.45%).
In addition, the fall of Wafa Assurance of 3.99% and the less significant fall of 0.60% accused by Saham Assurance pulled down the “Insurance” compartment (-0.60%).
In the process, the overall volume of securities trading stood at more than 54.7 million dirhams (MDH), carried out entirely on the central market. Market capitalization amounted to nearly 515.12 billion dirhams (MMDH).
The largest decreases were reported by Wafa Assurance (-3.99% to 3.367 DH), BMCI (-3.97% to 544 DH), Delattre Levivier Maroc (-3.96% to 23.05 DH), Delta Holding (-3.79% to 30.21 DH) and Ciments du Maroc (-3.45% to 1,400 DH).
The largest increases were achieved by Alliances (+ 3.54% to 33.6 DH), Managem (+ 2.20% to 895 DH), Fenie Brossette (+ 1.99% to 38.96 DH), Res Dar Saada (+ 1.76% at 25.44 DH) and Med Paper (+ 1.23% at 12.30 DH).