Morocco Equity Markets | 11 Sep 2015: Morocco Casablanca Stock market ends lower …

Casablanca, Morocco, Capital Markets in Africa — The Moroccan benchmark stock index (measured as MASI Index) sagged by 24.25 percent or 0.26 percent to close at 9,301.77 points (with a year-to-date performance to -3.31 percent). The equity market capitalization closed at MAD 474.798 billion and the market activity measured as total traded value was recorded at MAD 39.697 million.

Moroccan most active share index (MADEX) tumbled by 22.12 points or 0.29 percent to close at 7,603.82 points. FTSE CSE Morocco 15 Index slumped by 0.49 percent to close at 8,192.18 points (-7.24 percent year-to-date performance) and FTSE CSE Morocco All-Liquid Index slacked by 0.26 percent to end at 7,825.51 points (to bring the year-to-date performance to -2.92 percent).

In term of sector indices, top gainers were Holding Companies, Electricity and Oil & Gas sector indices surged by 5.61 percent, 1.12 percent and 0.93 percent respectively. On the other hand, Chemical sector index (sagged by 4.18 percent to close the year-to-date performance at -48.53 percent), Construction & Building sector index (tumbled by 2.12 percent to end at 9.90 percent year-to-date return) and Materials, Software & Computer sector index (slumped by 1.12 percent to end at 442.01). 

From the market price movers and shakers, the gainers were, Delta Holdings gained 5.90 percent to end at MAD 26.40 and FENIE BROSSETTE advanced by 4.89 percent to settle at MAD 117.90. Likewise, BMCI jumped by 4.20 percent or MAD 5.50 with closing price of MAD 620.00 as well as REALSI MECANIQUES rose by 3.57 percent to settle at MAD 168.30. On the contrary, ZELLIDJA S.A and HOLCIM Maroc slumped by 5.98 percent to settle at MAD 175.35 and sagged by 5.91 percent to end at MAD 2,164.00 respectively. SNEP and DISWAY declined by 5.23 percent with closing price of MAD 105.00 and fell by 4.23 percent to settle at MAD 180.00 respectively.