Negative Weekly Performance on the Casablanca Stock Exchange
Translated from Arabic, summarized and contextualized by DistantNews.
At a glance
- Casablanca's stock exchange recorded a negative performance over the week of June 22-26.
- The main index, "MASI," fell by 1.8%, while other indices also saw declines.
- Trading volume exceeded 1.4 billion Moroccan dirhams, with "Managem," "Banque Populaire," and "Attijariwafa Bank" dominating transactions.
The Casablanca Stock Exchange concluded the trading week of June 22-26 with a negative overall performance, as its main index, the "MASI," experienced a decline.
The MASI index registered a drop of 1.8%, closing at 18,022.08 points. The MASI.20 index, which tracks the performance of the 20 largest listed companies, also saw a decrease of 0.3%, ending at 1,333.18 points. Furthermore, the MASI.ESG index, representing companies with the best environmental, social, and governance ratings, suffered a more significant loss of 3.52%, falling to 1,268.32 points. The MASI Mid and Small Cap index, reflecting the performance of small and medium-sized enterprises, lost 1.27% to reach 1,828.26 points.
Total trading volume for the week surpassed 1.4 billion Moroccan dirhams. These transactions were primarily concentrated in the central market (equities). The most active stocks included "Managem" (representing 21.13% of trades), "Banque Populaire Central" (20.18%), and "Attijariwafa Bank" (8.80%). The overall market capitalization of the Casablanca Stock Exchange exceeded 1,026.4 billion Moroccan dirhams.
On an individual stock level, "Managem" saw the most significant drop at -14.15%. Other notable decliners included "Balima" (-11.63%), "IB Maroc.com" (-9.09%), "Sociรฉtรฉ Mรฉtallurgique d'Imiter" (-8.48%), "SNIP" (-7.86%), and "Sociรฉtรฉ des Boissons du Maroc" (-7.49%). Conversely, "Auto Hall" recorded the largest increase at +10.3%, followed by "Lesieur Cristal" (+7.25%), "STIAM" (+5.97%), "Zellij" (+5.86%), and "Oulmes" (+5.52%).
Originally published by Hespress in Arabic. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.