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Managem trading suspended after 10% fall

By , based on La Vie éco and LesEco.ma

Managem trading suspended after 10% fallYKYaK · CC BY-SA 4.0

Trading in Managem was suspended during the session on the Casablanca Stock Exchange after the share fell 10%, with the stock limited to downward movements, La Vie éco reports. According to LesEco.ma, the AMMC requested the decision pending important information about the company. Resumption details have yet to be specified.

Trading in Managem, a Moroccan mining group listed on the Casablanca Stock Exchange, was suspended during the session after the share fell 10%, with the stock limited to downward movements, La Vie éco reports.

In a notice published on Friday 30 October, the Casablanca Stock Exchange said the measure had been taken at the request of the Moroccan Capital Market Authority (AMMC), pending the publication of important information about the company, according to LesEco.ma. The conditions for resuming trading are to be specified at a later date. The MASI had fallen 0.74% on 29 October.

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