Rabat - After a shy start Tuesday morning, Casablanca Stock Exchange closed yesterday’s session breaking February’s records above 12,394 points with a 0.56 percent gain.
Rabat – After a shy start Tuesday morning, Casablanca Stock Exchange closed yesterday’s session breaking February’s records above 12,394 points with a 0.56 percent gain.
Significant gains in the Banking and Holding Companies sectors led MASI shares higher.
At close of trade, exchanged volumes reached MAD 123 million on the central market, with Maroc Telecom taking taking the biggest share of the cake with MAD 28 million. The communication giant registered a modest gain of 0.07 percent trading at MAD 139.50.
The banking sector picked up its pace after a slight decrease registered on Monday’s session, with BMCE gaining 2 percent at MAD 205 at close of trade, followed by Attijariwafa Bank with a 1.13 percent increase trading at MAD 449. BCP came in third place rising by 0.66 percent at MAD 303 per dividend.
Addoha managed to recover from Monday’s loss. The real estate company gained 0.92 percent trading at MAD 153 at close of trade on a MAD 21 million volume.
The worst performers of Tuesday’s session were Centrale Danone, which fell 5.99 percent at MAD 744 at the close, followed by Zellidja with a 5.97 percent decrease at MAD 140.
In total, rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 31 to 11, and six ended unchanged.
The EUR/MAD was up 0.11 percent to MAD 11.0230, while USD/MAD fell 0.27 percent to MAD 9.6330.