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Morocco benchmark slips hurt by chemicals

Morocco benchmark slips hurt by chemicals
Photo Credit: Arabianeye-Reuters

Casablanca – Mubasher: Casablanca Stock Exchange (CSE) benchmark MASI ended Tuesday’s trading in the negative territory, deepening its early losses. The index lost 0.51%, to 10269.75 points and MADEX fell by 0.54% to 8428.42 points.
Turnover amounted to approx. MAD 53.4 million, generated from exchanging 628.7 million shares in 689 transactions.

Fourteen sectors moved lower, led by chemicals that decreased 7.96%. Meanwhile, five sectors moved higher topped by mining that rose 0.65%, while financing and financial services tailed the list with a gain of 0.09%.

As for stock performance, Rebab was the biggest gainer with 5.98% rise. On the flipside, Alliance was the worst performer with a decline by 10%.

Translated by Sayed Abdel Rahman