Casablanca: MASI rises 0.59% as BCP settles Belgian case for 174.5 mln euros
The MASI rose 0.59% to 18,629.14 points on June 8, while the MASI 20 gained 0.77% to 1,330.46 and the MASI ESG added 0.92% to 1,366.43. The session was mixed, with the MASI Mid and Small Cap down 0.63% at 1,858.1 points and the SMI falling 7%, according to the Casablanca Stock Exchange. On the corporate front, BCP said a 174.5 million euro settlement ended proceedings in Belgium against its BCDM unit, according to Medias24. On the regulatory side, AMMC approved the information notice for Cosumar's share buyback programme, Telquel.ma reported.
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Mutandis targets Enosis at MAD1.7 bln as MASI closes up 0.57%
The MASI rose 0.57% to 18,811.95 points on Sept. 8, while the MASI 20 added 0.57% to 1,357.83, the MASI ESG gained 0.73% to 1,397.05 and the MASI Mid and Small Cap edged up 0.24% to 1,809.7. Mutandis led corporate news by seeking to take control of Enosis, valued at MAD1.7 billion, after a first half marked by higher revenue but lower profitability, according to Boursenews, L'Economiste, lematin.ma and Le Desk. Akdital received approval to open its first hospital in Riyadh, marking its entry into Saudi Arabia, telegraphe.ma and InfoMagazine Maroc reported. The sector backdrop stayed mixed, with a BKGR portfolio down in August on weaker industrial stocks according to LesEco.ma, while construction fell 7% and Managem drew MAD55.3 million in a near-flat market, according to Infomédiaire and a Sept. 8 analyst note.
AKDITAL organise un Job Day à Casablanca - dreamjob.ma
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BKGR : le portefeuille recule en août, pénalisé par les valeurs industrielles - LesEco.ma
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