
TGCC buys 51% of Safettras as MASI ends flat at 18,562.93 points
TGCC announced the acquisition of a 51% stake in Safettras, strengthening its specialised works business, according to L'Economiste, La Vie éco and Finances News Hebdo. At the close on June 4, the MASI was unchanged at 18,562.93 points, while the MASI 20 rose 0.42% to 1,321.84 and the MASI Mid and Small Cap index added 0.21% to 1,883.03. The MASI ESG index underperformed, falling 0.61% to 1,356.34. Separately, Cosumar is investing in food-grade liquid CO2 in Casablanca, Lebrief reported.
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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