Report
EUR 2.50 For Business Accounts Only

BKR Weekly Letter 06 04 2021

*       Plummeted by the bad behavior of Banks and building materials, the Casablanca Stock Exchange closes this last weekly session in the red with a MASI down by -0.09% to 12 375.91 points and a MSI20 decreasing by -0.23% to 1 013.30 points, reducing their y-t-d performance to +9.64% and +9.57% respectively;

*       Still dynamic, the transactional volume amounted to MAD 225.9m, drained up to 56.1% by transactions on 6,141 HPS shares (i.e. 0.9% of the capital), on 233,461 MAROC TELECOM stocks, on 2,296,210 ADDOHA shares (i.e. 0.6% of the capital), on 63,217 COSUMAR stocks (i.e. 0.1% of the capital) and on 33,478 ATTIJARIWAFA BANK shares;

*       As for the Block Market, a total volume of MAD 55.5m was settled on two round-trip operations for 30,000 MUTANDIS shares each at a price of MAD 245, a transaction on 43,037 MUTANDIS shares at a price of MAD 154, and a transaction on 241,764 COLORADO shares at a unit price of MAD 58.23;

*       Among the main underperformers, SONASID lost -3.84% to MAD 493 for 19,203 shares traded (i.e. 0.5% of the capital), followed by M2M GROUP which fell by -2.00% to MAD 941.80 for 56 stocks exchanged;

*       On the other hand and at the top of the table, HPS and MUTANDIS improved by +3.99% each to MAD 6,596 for 6,141 shares negotiated (i.e. 0.9% of the capital) and to MAD 254.10 for 37,799 stocks traded (i.e. 0.5% of the capital) respectively.

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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