A week in the positive for the Casablanca Stock Exchange

The Casablanca Stock Exchange closed the period from October 26 to 28, 2020 in the green, its two main indices, Masi and Madex, taking 0.06% and 0.08% respectively.

At the end of this week, the Masi, a global index made up of all equity-type securities, rose to 10,460.66 points and the Madex, a compact index made up of continuously quoted stocks stood at 8,508.42 points .

Under these conditions, the “Year-To-Date” (YTD) performances of these two barometers are respectively placed at -14.06% and -14.22%.

On the international side, the FTSE CSE Morocco 15 lost 0.50% to 9,390.90 points, bringing its performance since the start of the year to -13.35%. In contrast, the FTSE Morocco All-Liquid gained 0.23% to 9,040.11 points, which corresponds to an annual performance of -13.97%.

The “Casablanca ESG 10” Environment, Social and Governance (ESG) benchmark index followed a positive trajectory (+ 0.47%), reaching 804.92 points, which places its annual performance at -15, 54%.

The rating owes these developments in particular to the good performance of 13 sectors, which posted increases ranging from 0.01% for “Banks”, to 1.76% and 3.49%, respectively for “Telecommunications” and “ Engineering and industrial capital goods ”.

However, the sector index of “Distributors” depreciated by 3.88%, as did the “Real estate investment company” (-2.12%) and “Chemicals” (-1.98%) compartments.

The market capitalization amounted to nearly 542.27 billion dirhams (MMDH), while the overall volume amounted to 343.13 million dirhams (MDH) during the period from October 26 to 28, 2020.

On an individual level, the Delattre Levivier Maroc stock was at the top of the Masi index with + 10.79%, while Disway and Bank of Africa were satisfied with respective increases of 3.95% and 2.22 %.

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In contrast, Stroc Industrie depreciated by 6.42%, ie the strongest decline recorded during the same period, followed by Réalisations Mécaniques (-5.64%) and Label Vie (-4.50%).

With a transaction volume of over 58.01 MDH, Taqa Morocco was the most active instrument of the week, capturing 17.30% of transactions, ahead of Managem (14.06%), Itissalat Al-Maghrib (12.56%) and Cosumar (11.95%).

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