After spending most of the session in the red, the Casablanca Stock Exchange managed to pull itself together at the close on Friday, supported in particular by the rise in the “Oil and Gas”, “Agri-food / production” and “Banks” sectors .
At the final bell, the main index of the Casablanca odds, Masi, appreciated by 0.21% to 11,739.44 points and the MSI20 accumulated 957.66 points (+ 0.17%). The Madex, a compact index made up of stocks quoted on a continuous basis, rose 0.22% to 9,543.90 points.
Internationally, the FTSE CSE Morocco 15 gained 0.36% to 10,805.15 points and the FTSE Morocco All-Liquid 0.07% to 10,026.04 points.
The benchmark Environment, Social and Governance (ESG) “Casablanca ESG 10” index rose 0.19% to 898.24 points.
At the end of this session, 11 sectors closed in the green, against 12 in decline, while the “Electronic & Electrical Equipment” sector ended without trend.
The rating owes its recovery, among others, to the “Oil and Gas” sector which climbed 2.05%, in the wake of the good performance of Total Maroc (+ 1.51%) and Afriquia Gaz (+ 2.40 %).
Among the best sector performances are also “Agri-food / Production” (+ 1.59%), “Electricity” (+ 0.93%) and Banks (+ 0.61%).
On the other hand, “Forestry and Paper” (-1.74%) suffered from the decline of its unique title Med Paper. The sector indices “Holding companies-Holdings” (-1.60%) and “Telecommunications” (-1.55%) also weighed on the performance of the stock market.
The overall volume of securities exchanges amounted to MAD 98.47 million (MDH), mainly carried out on the central market (Shares) and dominated by transactions involving Itissalat Al-Maghrib (MAD 17.75 MD), LafargeHolcim Morocco (12.51 MDH), Label Vie (9.96 MDH) and Attijariwafa Bank (9.53 MDH).
Market capitalization stood at over 607.13 billion dirhams (MMDH).
The largest increases were made by Fenie Brossette (3.98% to 50.95 DH), Eqdom (3.08% to 1.237 DH), Cosumar (2.41% to 255 DH), Afriquia Gaz (2.40 % at 4,050 DH) and Colorado (2.17% at 56.50 DH).
The largest decreases were recorded by Stokvis North Africa (-3.93% to 11.72 DH), Salafin (-3.83% to 528 DH), Stroc Industrie (-3.41% to 17 DH), SM Electronic banking (-2% at 164.20 DH) and Oulmes (-1.99% at 1.034 DH).