EUR 10.00 For Business Accounts Only

BKB Weekly Letter 03 13 2020 : Session closed in decline on the casablanca stock exchange

• At the end of a globally downward session, the Casablanca Stock Exchange limited its losses at the end of the session with a MASI and a MADEX down by 0.53% each to 10,524.05 points and to 8,557.96 points respectively, thus fixing their y-t-d under-performances to -13.54% and to -13.72%;
• Less dynamic than the previous day, the transactional volume amounted to MAD 333.8m, 52.2% of which was drained by transactions on 540,951 ITISSALAT AL-MAGHRIB shares (i.e. a 0.1% stake), 116,672 ATTIJARIWAFA BANK stocks (i.e. a 0.1% stake), 160,415 COSUMAR shares (i.e. a 0.2% stake) and 110,469 BCP stocks (i.e. a 0.1% stake);
• In terms of the largest increases, MUTANDIS gained 5.24% to MAD 199.95 for 9,827 shares traded (i.e. a 0.1% stake), followed by ATLANTA, which increased by 4.55% to MAD 69 for 47,414 stocks exchanged (i.e. a 0.1% stake), probably following the publication of convincing results; On the other hand, MED PAPER decreased by 9.89% to MAD 15.3 for 2,554 shares traded (i.e. a 0.1% stake) while IB MAROC depreciated by 9.53% to MAD 30.85 for 10 stocks negotiated.