Morocco | - Part 7

Morocco Equity Watch | 13 Aug 2015: Blood on Casablanca Stock Exchange, indices and market cap down

Casablanca, Morocco (Capital Markets in Africa):- The Moroccan benchmark stock index (measured as MASI Index) plunged by 0.44 percent to close at 9,653.11 points (with a year-to-date performance to 0.34 percent) with total market capitalization at MAD 491.762 billion and market activities measured as total traded value was recorded at MAD 51.465 million. Likewise, Moroccan most active share index (MADEX) closed at 7,911.88 points (fell by 0.47 percent compared to previous trading session). Also, FTSE CSE…

Morocco Equity Watch | 06 Aug 2015: Morocco equity indices show red, MADEX and MASI both down, Market cap loses US$306 mill…

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Morocco (Capital Markets in Africa):- Morocco equity markets indices were down with the MASI index and the MADEX ending the session both in the red. Likewise the Morocco 15 and All-Liquid Index indices were also both down in todays trading. The total Market capitalisation decreased to US$60,580 billion losing US$306 million. The Moroccan benchmark stock index (measured as MASI Index) fell by 0.28% to close at 9,776.00 points down 27.29 points from its previous close…

Morocco Equity Watch | 5th Aug 2015: Morocco equity markets upward trend backtracks, MADEX down 0.92%, MASI down 0.87% and Market cap settles at US$60.8 Bill…

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Morocco (Capital Markets in Africa):- Morocco equity markets indices backtracked today with the MASI index and the MADEX ending the session down. Likewise the Morocco 15 and All-Liquid Index indices also made losses both down in todays trading. Gains in the Casablanca Indices made yesterday were lost as the total Market capitalisation decreased to US$60,886 billion. The Moroccan benchmark stock index (measured as MASI Index) fell by 0.87% to close at 9803.29 from its previous close of 9,888.96 recorded yesterday…

Morocco Equity Watch | 4th Aug 2015: Morocco equity markets on the rise, MADEX up 0.93%, MASI up 0.84% and Market cap tops US$60.8 Bill…

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Casablanca, Morocco (Capital Markets in Africa):- Morocco equity markets indices recorded rises today with the MASI index ending the session up and the MADEX up as the Morocco 15 and All-Liquid Index indices also recovered from losses made in previous days trading. Gains in the Casablanca Indices helped to pull up the total Market capitalisation which increased to US$60,886 billion. The Moroccan benchmark stock index (measured as MASI Index) rose by 0.84% to close at 9,888.96 from its previous close of 9,723.10 (taking the year-to-date performance to 2.79 percent). The Moroccan most active…

Morocco Equity Watch | 28th July 2015: Morocco equity markets rebound from losses, MASI hikes up 35.76 points, MADEX climbs 0.39 points and Market cap adds US$50 Mill…

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Casablanca, Morocco (Capital Markets in Africa):- Morocco equity markets indices went back into the green today with the MASI index ending the session up and the MADEX also up as the indices rebounded from losses made in the previous days trading. Market capitalisation increased by adding US$50 million to take it to US$60,445 million. The Moroccan benchmark stock index (measured as MASI Index) gained by 35.76 points increasing by 0.37 percent to close at 9,723.19 up from its previous close of 9,687.43 recorded yesterday (taking the year-to-date performance to 1.07 percent). Equally, the Moroccan most…

Morocco Equity Watch | 27th July 2015: Morocco equity markets tips back into the red, MASI down 4.63 points and MADEX down 4.19 points…

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Casablanca, Morocco (Capital Markets in Africa):- Morocco equity markets indices went back into the red today with the MASI index ending the session down and the MADEX also down as they were unable to sustain the gains made in previous days trading. Market capitalisation topped out at US$60,391 million. The Moroccan benchmark stock index (measured as MASI Index) lost 4.63 points decreasing by -0.05 percent to close at 9,687.43 down from its previous close of 9,692.06 recorded yesterday (taking the year-to-date performance to 0.70 percent). Equally, the Moroccan most active share…

Orange increases its capital interest to 49% in Méditel

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PARIS, France (Capital Markets in Africa) — Fipar-Holding (the Moroccan Caisse de Dépôt et de Gestion group), FinanceCom and Orange signed the final documentation today increasing Orange’s interest in Méditel, the Moroccan telecommunications operator, in application of the agreements they signed in December 2010. Through this transaction, Orange has acquired an additional 9% of Méditel’s capital and benefits from the rights set out in the December 2010 agreements. As a result, Orange now holds 49% of…

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