
MASI jumps 4.46%, lifted by Managem's 10% surge
The MASI jumped 4.46% to 18,753.83 points on June 15, while the MASI 20 rose 4.15% to 1,359.28 and the MASI ESG gained 5.06% to 1,346.14. Managem surged 10% and drove the rally, according to a June 15 analyst note, extending a rebound already seen on June 12 when the MASI rose 1.9%, according to Médias24. Mid-caps joined the move, with the MASI Mid and Small Cap up 4.02% to 1,882.61 points, after a 2.95% weekly gain in mid-caps as of June 12, according to an analyst note. In corporate news, Cosumar launched a share buyback program to improve stock liquidity, reports Aujourd'hui le Maroc, while Attijariwafa Bank is preparing an AML/CFT protocol with Euronext and an agreement is in view, according to Africa Intelligence and برلمان.كوم.
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