
The Casablanca Stock Exchange resumed its upward trend this Friday after a brief pause the previous day. By the closing bell, the MASI index rose by 0.37% to reach 18,566.51 points, resulting in a weekly performance of 0.53%. The MASI 20 index followed a similar trajectory, gaining 0.12% to close at 1,502.55 points.
Trading activity on the central "Equities" market was notably moderate, with a daily volume of 270 million dirhams, bringing the weekly total to nearly 1.25 billion dirhams. HPS led the exchanges with a volume of 32 million dirhams, increasing by 4.04% to 566.00 dirhams. Attijariwafa Bank attracted 26 million dirhams, closing at 720.00 dirhams, while TGCC followed with 24 million dirhams at 920.00 dirhams.
In terms of stock performance, Cash Plus stood out with a remarkable 10% increase to 321.90 dirhams, marking a 60.95% rise since its introduction. BMCI gained 7.63% to reach 635 dirhams, and Vicenne saw a 5.77% increase to 495 dirhams.
In related news, discussions are ongoing regarding a credible consolidation scenario between BMCI and CDM. Additionally, Holmarcom / BNP Paribas CMGP Group has recommended purchasing shares with a target price set at 469 dirhams. The AMMC is also organizing a training seminar on crypto-assets in collaboration with Chainalysis.
For more information on market news and financial data of companies, please visit the investor section on Boursenews.ma.
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