Casablanca Stock Exchange falls 6.74% in October
By the AFREEQUE newsroom, based on Infomediaire
Casablanca Stock Exchange’s MASI index fell 6.74% in October, closing at 16,537.91 points, while trading exceeded 4.7 billion dirhams, reports Infomediaire. Agricultural industry, telecommunications and chemicals recorded the steepest falls; insurance was the only sector to rise, by 1.04%.
The Casablanca Stock Exchange ended October down 6.74%, with its main index, the MASI, standing at 16,537.91 points, according to Infomediaire. The MASI 20, which groups the 20 most liquid stocks, fell 6.75% to 1,197.4 points, while the MASI ESG shed 6.32% to 1,231.7 points.
The Agricultural Industry, Telecommunications and Chemicals indices recorded the steepest sectoral falls, down 15.63%, 13.09% and 11.86% respectively. Insurance was the only sector to rise, gaining 1.04%, reports Infomediaire.
Trading exceeded 4.7 billion dirhams, mainly on the central equities market. Attijariwafa bank accounted for 13.26% of transactions, ahead of Sodep-Marsa Maroc with 8.29% and TGCC with 7.64%. Market capitalisation exceeded 975.46 billion dirhams.
Jet Contractors recorded the steepest fall among individual stocks, down 26.32% to 1,400 dirhams. Wafa Assurance posted the strongest gain, rising 4.73% to 5,142 dirhams, according to Infomediaire.
