MASI rises 0.23% as TAQA Morocco reshapes and HPS signs Asia deals

The MASI rose 0.23% to 17,717.78 points on July 22, while the MASI ESG gained 0.57% to 1,265.44 points, outperforming the benchmark, according to an analyst note. TAQA Morocco launched a strategic reorganization and will shift to a holding structure, according to Medias24, in a session where the MASI 20 added 0.11% to 1,311.46 points and the MASI Mid and Small Cap index edged up 0.06% to 1,748.29 points. HPS signed 2 mega-deals in Asia worth several tens of millions of dollars, MSN reported, and opened 6 new IT opportunities in Casablanca, according to Dreamjob.ma. On the corporate front, Managem bought Sound Energy's remaining Tendrara stake for $57 million, MSN reported, while Cosumar secured MSI 20000 certification, according to Le Desk, and Akdital became Morocco's 1st private healthcare group with integrated ISO certification, according to Finances News Hebdo.