African market watch

Casablanca, Morocco, Capital Markets in Africa —The bull opened the week, the Moroccan benchmark stock index (measured as MASI Index) soared by 0.14 percent to end at 9,018.66 points (with a year-to-date performance to -6.25 percent) with total market capitalization at MAD 454.897 billion (an increase of MAD 643 million or US$68 million relatively to the previous market capitalization of MAD 452.254 billion). The market activity measured as total traded value was recorded at MAD 30.192…

Casablanca, Morocco, Capital Markets in Africa —The bear continued to tormenting the Casablanca Stock Exchange equity at the end of Thursday’s trading session. The Moroccan benchmark stock index (measured as MASI Index) sagged by 0.46 percent to end at 8,944.08 points (with a year-to-date performance to -7.03 percent) with total market capitalization at MAD 451.124 billion (a decrease of MAD 1.8 billion or US$192 million relatively to the previous market capitalization of MAD 452.963  billion). The…

Casablanca, Morocco, Capital Markets in Africa —On Wednesday, the bearish trends persisted at the Casablanca Stock Exchange equity trading session. The Moroccan benchmark stock index (measured as MASI Index) waned by 0.49 percent to end at 8,985.03 points (with a year-to-date performance to -6.60 percent) with total market capitalization at MAD 452.963 billion (a decrease of MAD 1.9 billion or US$198 million relative to the previous market capitalization of MAD 454.870 billion). The market activity measured…

Casablanca, Morocco, Capital Markets in Africa —The bullish trends subdued at the end of the Tuesday’s trading session, with equity indices and market capitalization. The Moroccan benchmark stock index (measured as MASI Index) slightly faltered by 0.02 percent to end at 9,029.05 points (with a year-to-date performance to -6.14 percent) with total market capitalization at MAD 454.870 billion (a decrease of MAD 20 million or US$2.1 million relative to previous market capitalization of MAD 454.890 billion)….

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…