
MASI slips 0.38% despite MAD100 mln injected into Bank Assafa
The MASI fell 0.38% to 18,322.01 points on June 23 after a 0.21% gain a day earlier, while the MASI 20 edged up 0.07% to 1,338.38 points. Broader segments weakened more sharply, with the MASI Mid and Small Cap down 0.67% at 1,848.56 points and the MASI ESG off 0.82% at 1,309.52 points, while MDP jumped 3.6% despite the benchmark decline, according to analyst reports. On the corporate side, Attijariwafa Bank injected 100 million dirhams into its participatory banking unit Bank Assafa, Le Desk reported, after Médias24 said on June 22 that a MAD100 million capital increase was being prepared. In sector news, the Managem-Sound Energy deal entered its regulatory phase, according to Le Nouvelliste Maroc, while Addoha Groupe is recruiting sales advisers in 3 cities, Dreamjob.ma reported.
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The volume requirements applied to share repurchase at the Stock Exchange