Report
EUR 10.00 For Business Accounts Only

BKB Weekly Letter 12 11 2020

*       Record increase for 2020 at the end of today's session at the Casablanca Stock Exchange, probably following the announcement of the recognition by the United States of Morocco's entire sovereignty over its southern provinces. Indeed, the MASI closes up by +2.45% to 11 366.94 points, and the MADEX up by +2.51% to 9 257.10 points, reducing their annual underperformance to -6.61% and -6.68% respectively;
*       Dynamic, the transactional volume amounts to MAD 323.1m, 53.9% of which was drained by transactions involving 140,960 ATTIJARIWAFA BANK shares (i.e. 0.1% of the capital), 34,670 LAFARGEHOLCIM MAROC securities (i.e. 0.1% of the capital), 17,805 CIMENTS DU MAROC shares (i.e. 0.1% of the capital) and 196,948 MAROC TELECOM stocks;
*       In the list of increases, WAFA ASSURANCE and LABEL’ VIE each increased by 3.99% to MAD 3,910 and to MAD 3,310 respectively for 4,087 shares (i.e. 0.1% of the capital) and 2,709 securities (i.e. 0.1% of the capital) traded;
*       On the other hand, COLORADO depreciated by -2.02% to MAD 48 for 9,966 shares exchanged (i.e. 0.1% of the capital), while CTM lost -1.92% to MAD 696.3 for 146 securities traded.
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
Younes Mouchtari

ResearchPool Subscriptions

Get the most out of your insights

Get in touch