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BKB Weekly Letter 06 21 19 : last weekly session back in the red

  • Following the IAM stock behavior , the Casablanca Stock Exchange is back in the red with a MASI down by 0.60% to 11,437.84 points and a MADEX loosing 0.58% to 9,310.60 points, setting their y-t-d performance at respectively +0.65% and +0.84%;
  • Moderately dynamic, the transaction volume amounts to MAD 230.8m, 51.6% of which is drained by the transactions involving 72,119 CIMENTS DU MAROC shares (i.e. a 0.5% stake);
  • BANK AL-MAGHRIB maintains the key interest rate at 2.25%;
  • Public Sale Offer of IAM with an attractive discount;
  • Ex-dividend of ATTJARIWAFA BANK for MAD 13.
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.

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