Morocco Market Watch | May 25th 2015: Moroccan equity indices went up..

Casablanca, Morocco (Capital Markets in Africa):- Morocco’s benchmark stock index (MASI Index) rose by 0.06 percent to close at 9,673.07 points (0.55 percent year-to-date performance) with total market capitalization at MAD 487.691 billion and market activities measured by total traded value was recorded at MAD 20.324 million. Likewise, Moroccan most active share index (MADEX) closed at 7,911.85 points (advanced by 0.12 percent compared to previous trading day). In addition, FTSE CSE Morocco 15 Index gained 0.35 percent to close at 8,524.19 points (-3.36 percent year-to-date performance) and FTSE CSE Morocco All-Liquid Index rose by 0.22% to end at 8,104.67 points (to bring the year-to-date performance to 0.54 percent).

In terms of sector indices, top gainers were Forestry & Papers, Real Estate and Food Producers & Processors sector indices rose by 0.83 percent, 0.71 percent, and 0.36 percent respectively. On the losers’ side were Oil & Gas (lost 3.49 percent to close the year-to-date performance at -9.75 percent), Materials, Software & Computer Services (went down by 1.62 percent and 1.31 percent year-to-date return) and Transport sector index (lost 1.59 percent and 17.36 percent year-to-date return).

The market sentiment was negative today, as the market breadth (advancer/decliners ratio) with 12 advancers and 20 decliners. On the one hand, UNIMER gained 5.05 percent to end at MAD 197.50, and ALANTA advanced by 2.19 percent to settle at MAD 64.93 with 60.190 million traded shares. Also, Alliances Morocco surged by 1.72 percent with closing price of MAD 100.70 as well as Douja Addoha advanced by 0.47 percent to close at MAD 30.48. On the other hand, COLORADO, AFRIQUIA GAZ, INVOLYS, M2M GROUP and STROC INDUSTRIES Morocco lost 5.10 percent (to settle at MAD 71.65), 4.88 percent (to end at MAD 1,950), 4.29 percent (with closing price of MAD 134.00), 4.21 percent (to settle at MAD 198.00) and 2.95 percent (to settle at MAD 100.20) respectively.