MASI jumps 2.73%, lifted by Managem and metals

The MASI rose 2.73% to 18,871.53 points on May 25, while the MASI 20 added 2.16% to 1,351.71 and the MASI ESG climbed 4.19% to 1,380.92. Managem jumped 10% on the back of metals and is preparing a 10-for-1 stock split, according to Boursenews.ma and Le Matin.ma. TGCC won the Fès Arena contract for 551 million dirhams, according to Le Desk. Attijariwafa bank launched “Simple”, described by laverite.ma as Morocco's first neobank, while Cosumar will put a share buyback plan and a liquidity contract on the agenda of its next AGM, according to L'Economiste.