The Casablanca Stock Exchange ended the first three months of 2021 on the upside, thanks to the good performance of its main index, Mazi, which jumped 1.74% to 11,483.65 points.
During this period, with a total of 62 shares, the “Morocco Stock Andes” index, (MSI20), which reflects the performance of 20 companies listed on the stock exchange, won 1.18%, rising to 935.7 points, while the Madex, a compact index consisting of shares traded on a continuous basis, stabilized. At 1.59%, recording 9,336.07 points.
Regarding international indices, the “FSTE-CSE Morocco 15” index gained 2.54%, settling at 10.484.89 points, while the “FTSE Morocco All-Liquide” index rose 0.7% to 9.811. 66 points.
As for the Environmental, Social and Governance Benchmark Index “CASABLANCA ISG10”, it rose by 1.28% to 872.92 points.
At the sectoral level, most of the sectors listed on the stock exchange witnessed a boom in their trading, compared to a decline of nine sectors.
Within the list of rises, the pharmaceutical industry sector (+ 54.88%) was silenced for the strongest rise in this cycle, followed by the sectors of chemistry (+ 22.2%) and mining (+ 11.74%).
In the opposite direction, the “Community Services” sector, which fell by 16.29%, along with “Entertainment and Services” (minus 9.65%) and “Beverages” (minus 6.06%).
While the stock exchange’s capitalization amounted to about 595.3 billion dirhams, and the total volume of trading reached more than 14.2 billion dirhams.
In terms of individual values, the best cyclical performances were recorded by Sotema (59.6%), Desway and M2M Group, which rose by 37.12% and 32.21%, respectively; Silently Lydak is on the weakest league performance after its 16.29% decline, followed by TAQA Morocco (minus 15.61%) and Alliance (minus 13.63%).
After its acquisition of more than 14.9% of the volume of transactions on the stock exchange, or 900.7 million dirhams, Maroc Telecom topped the list of most active values, ahead of Attijariwafa Bank (14%) and the Banque Populaire Central Bank (11.21%).