
MASI jumps 2.73%, lifted by Managem and metals
The MASI rose 2.73% to 18,871.53 points on May 25, while the MASI 20 added 2.16% to 1,351.71 and the MASI ESG climbed 4.19% to 1,380.92. Managem jumped 10% on the back of metals and is preparing a 10-for-1 stock split, according to Boursenews.ma and Le Matin.ma. TGCC won the Fès Arena contract for 551 million dirhams, according to Le Desk. Attijariwafa bank launched “Simple”, described by laverite.ma as Morocco's first neobank, while Cosumar will put a share buyback plan and a liquidity contract on the agenda of its next AGM, according to L'Economiste.
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Casablanca Stock Exchange — REB Jumps 6% Even as MASI Edges Up Just 0.13%
REB posted the day’s strongest gain, rising 6.0% to MAD 98.73, in a divided Casablanca market where the MASI added only 0.13%. Higher oil and a weaker dirham against the dollar and euro sharpened stock selection across the market.
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
AKDITAL organise un Job Day à Casablanca dreamjob.ma