Morocco Equity Market | 26 Aug 2015: Moroccan equity markets continue in red zone, MASI down -0.68%…

Casablanca, Morocco (Capital Markets in Africa):- Moroccan equity markets continued in the red zone at the end of today’s trading session. The Moroccan benchmark stock index (measured as MASI Index) slumped by 63.35 points or -0.68 percent to close at 9,252,66 points (with a year-to-date performance to -3.82 percent) with total market capitalization at MAD 565.471 58,743 billion relative to previous market capitalization of MAD 475.863.

Likewise, Moroccan most active share index (MADEX) closed at 7,560,98 points (a deduction of -0.73percent compared to previous trading session). Also, FTSE CSE Morocco 15 Index went down by -1.19 percent to close at 8,116.74 points (-6.87 percent year-to-date performance) and FTSE CSE Morocco All-Liquid Index declined by -0.84 percent to end at 7,722.43 points (to bring the year-to-date performance to -4.20 percent).

In terms of sector indices, top gainers were Engineering and Equipment Industrial Goods, Investment Companies and Other Finance and Insurance sector indices adding 2.53 percent, 2.20 percent and 1.30 percent respectively. Conversely, Forestry and Paper sector index (fell by -5.96 percent to close the year-to-date performance at -29.11 percent), Transport sector index (declined by 3-.15 percent to end at 23.67 percent year-to-date return) and Beverages sector index (crashed by -2.06 percent).

Looking at the market price leaders and laggards, the leaders’ were, STROC Industrie soared by 5.98 percent to end at MAD 103.75 and Reebab Company surged by 5.97 percent to settle at MAD 119.75. Likewise, MICRODATA gained 5.41 percent with closing price of MAD 117.00 as well as STOCKVIS  jumped by 3.92 percent to settle at MAD 25.98.