Morocco Equity Markets | 29 Sep 2015: All Shares Index 0.24% Lower, Most Active Shares Index 0.37% down …

Casablanca, Morocco, Capital Markets in Africa — Casablanca Bourse continued to stay in the red at the end of Tuesday’s equity trading session. The Moroccan benchmark stock index (measured as MASI Index) slipped by 0.24 percent to close at 9,133.67 points (with a year-to-date performance to -5.06 percent) with total market capitalization at MAD 467.143 million (a reduction of MAD 0.78 million or US$80,722 relative to previous market capitalization of MAD 467.926). The market activity measured as total traded value was recorded at MAD 50.459 million compared to MAD 60.935 million recorded at previous trading session.

Likewise, Moroccan most active share index (MADEX) closed at 7,461.22 points (sagged by 0.37 percent compared to previous trading session). FTSE CSE Morocco 15 Index declined by 0.70 percent to close at 8,018.54 points (-9.09 percent year-to-date performance) and FTSE CSE Morocco All-Liquid Index slashed by 0.18 percent to end at 7,677.68 points (to bring the year-to-date performance to -4.75 percent).

In term of sector indices, top gainers were Electrical & Electronic Equipment, Oil & Gas and Transport sector indices advanced by 6.00 percent, 4.27 percent and 2.07 percent respectively. On the negative side, Chemicals sector index (went down by 3.75 percent to close the year-to-date performance at -47.85 percent), Real Estate sector index (lost 3.34 percent to end at -3.34 percent year-to-date return) and Engineering & Equipment sector index (crashed by 2.87 percent to end at 322.54 levels).

Looking at the market price leaders and laggards, the leaders’ were INVOLYS advanced by 9.14 percent to end at MAD 117.00 and NEXANS MAROC grew by 6.00 percent to settle at MAD 143.40. FENIE BROSSETTE also gained 5.97 percent or MAD 6.80 with closing price of MAD 120.70 as well as AFRIQUIA GAZ climbed by 5.95 percent to end at MAD 2,225.00. Conversely, STROC INDUSTRIE and AUTO HALL slipped by 10.00 percent (to settle at MAD 75.33) and sagged by 6.00 percent (to trade at MAD 98.70) respectively. SONASID and SALAFIN also plunged by 5.99 percent (with closing price of MAD 546.20) and crashed by 5.21 percent (to settle at MAD 673.00) respectively.

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