Morocco Equity Markets | 19 Oct 2015: Casablanca Stock Exchange equity market opens in green, MADEX 0.28% higher …

Casablanca, Morocco, Capital Markets in Africa —On Monday, the equity trading witnessed a positive sentiment. The Moroccan benchmark stock index (measured as MASI Index) surged by 0.26 percent to close at 9,030.81 points (with a year-to-date performance to -6.13 percent) with total market capitalization at MAD 454.890 billion (a gain of MAD 1.5 billion or US$152 million relative to previous market capitalization of MAD 453.427). The market activity measured as total traded value was recorded at MAD 27.182 million compared to MAD 255.514 million recorded at previous trading session.

The Moroccan most active share index (MADEX) closed at 7,377.15 points (rose by 0.28 percent compared to previous trading session). FTSE CSE Morocco 15 Index grew by 0.25 percent to close at 7,891.26 points (-10.54 percent year-to-date performance) and FTSE CSE Morocco All-Liquid Index soared by 0.23 percent to end at 7,599.45 points (to bring the year-to-date performance to -5.73 percent).
In term of sector indices, top gainers were Real Estate, Holding Companies and Engineering & Equipment sector indices grew by 3.75 percent, 1.57 percent and 1.25 percent respectively. On the laggards’ side, Chemicals sector index (sagged by 3.45 percent to close the year-to-date performance at -56.81 percent), Distributors sector index (lost 2.96 percent to end at4.20 percent year-to-date return) and Leisures & Hotels sector index (fell by 1.95 percent to end at 683.36 levels).
Looking at the market price leaders and laggards, the gainers’ were SONASID advanced by 5.99 percent to end at MAD 531.10 and STROC Industries grew by 5.87 percent to settle at MAD 40.40. MANAGEM also gained 5.73 percent or MAD 55.00 with closing price of MAD 1,015.00 as well as CIMENTS MAROC climbed by 5.71 percent to end at MAD 1,185.00. Conversely, MICRODATA and AUTO HALL plunged by 6.00 percent (to settle at MAD 112.80) and slipped by 6.00 percent (to trade at MAD 95.88) respectively. SNEP and RES DAR SAADA also declined by 4.43 percent (with closing price of MAD 86.16) and dropped by 3.80 percent (to settle at MAD 72.15) respectively.

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