Sunday 02 August 2020 – 08:37
In its memo on its weekly indicators, Bank Al-Maghrib indicated that the MASI index of the Casablanca Stock Exchange increased by 0.1 per cent, bringing its negative performance since the beginning of the year to 16 per cent.
The Central Bank stated that this development reflects, in particular, the improvement of sectoral indicators, especially banks, by 2.8 percent, and insurance by 1.7 percent. While the indicators of the construction and building materials and communications sectors fell by 2.3 and 1.1 percent, respectively.
The bank indicated that the total size of the exchanges amounted to 429.4 million dirhams, compared to 272.5 million dirhams a week before that, while the average daily amount of exchanges completed in the central market for shares settled at 85.7 million dirhams, compared to 46.8 million dirhams a week before that.