Positive Trends at the Casablanca Stock Exchange
The Casablanca Stock Exchange concluded the week from September 21 to 25 with a notable uptick, driven by the impressive performance of its leading index. Specifically, the **MASI index** surged by **1.28%**, bringing its final value to **17,818.09 points**. This positive trend reflects a broader recovery in the market, highlighting the resilience of various sectors despite ongoing global economic challenges.
Sector Performance: Highlights and Lowlights
In terms of sector performance, the **Mines index** stood out by exhibiting the most robust growth of the week, climbing by **6.51%**. Among the standout stocks, **Minière Touissit** experienced a remarkable surge, soaring by **60.95%** to reach a price of **4,315 dirhams**. Other notable performers included **Fenie Brossette**, which saw an increase of **8.63%** to **365 dirhams**, and **SGTM**, which registered a gain of **6.9%** to **620 dirhams**. Conversely, the **pharmaceutical industry** faced considerable challenges, with a significant downturn of **5.67%**. Stocks such as **Cartier Saada** dropped **9.7%** to **18.06 dirhams**, while **Sothema** fell by **6.08%** to **340 dirhams**, and **Sanlam Maroc** declined by **4.79%** to **2,999 dirhams**. Overall, trading activity remained vigorous, with total weekly transactions exceeding **1.39 billion dirhams**, as the market capitalization settled at an impressive **1,048.32 billion dirhams**.
As reported by infomediaire.net.
