MASI rises 1.05% as Managem and Mutandis lift Casablanca stocks

The MASI rose 1.05% to 18,063.39 points on August 4, while the MASI ESG jumped 2.28% to 1,308.4 points and the MASI Mid and Small Cap index added 0.41% to 1,774.46 points, according to market data. Managem helped drive the move after nearly tripling first-half revenue, according to lenouvelliste.ma, while Challenge.ma reported the group created a new natural gas entity to accelerate its energy strategy. Mutandis extended the momentum with first-half revenue up 7% across all categories, according to Boursenews, and a solid second quarter, Challenge.ma reported. In financial services, Attijariwafa bank confirmed its leadership on T2S and mobilized nearly 1 in 2 investors, according to Le360.