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EUR 10.00 For Business Accounts Only

BKB Weekly Letter 10 28 2020

  • After a globally bearish session, the Casablanca Stock Exchange closes in the green territory with a MASI improving by +0.11% to 10,460.66 points and a MADEX increasing by +0.12% to 8,508.42 points, thus limiting their y-t-d underperformance at -14.06% and -14.22% respectively;
  • Less dynamic than the previous day, the transaction volume amounted to MAD 91.9m, 57.5% of which was drained by transactions involving 52,207 ATTIJARIWAFA BANK shares, 14,772 MANAGEM stocks (i.e. 0.1% of the capital) and 115,998 MAROC TELECOM shares;
  • At the top of the highest increases, DLM gained +3.95% at MAD 30.80 for only 40 shares negotiated, while CARTIER SAADA increased by +3.58% to MAD 28.90 for 203 stocks traded;
  • Conversely, INVOLYS lost -4.00% to MAD 116.50 for 329 shares traded (i.e. 0.1% of the capital), followed by SMI, which fell by -3.44% to MAD 2,187.00 for 746 stocks exchanged.
Provider
BMCE Capital Global Research
BMCE Capital Global Research

BMCE Capital Global Research is a subsidiary of BMCE Capital Group dedicated to Research and Financial Analysis. It is addressed to professional investors (financial institutions, management companies, etc.) to which it provides information and independent analysis aligned with international standards. BMCE Capital Research covers equities, interest rate, Forex and commodities markets in Morocco, Tunisia and WAEMU region (Bourse Régionale des Valeurs Mobilières, BRVM). Thanks to its latest generation technology platform, to its teams and to those of its partners, the Research Office of BMCE Capital is now able to cover simultaneously several places in Africa and to produce several publications co-branded under its umbrella brand African Securities Network, ASN.

Analysts
Ghita BENIDER

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