MASI slips 0.29% as Ciments du Maroc jumps 10.3%
The MASI fell 0.29% to 17,667.1 points on July 23, while the MASI 20 lost 0.43% to 1,305.77 points and the MASI ESG dropped 0.36% to 1,260.91 points. Smaller stocks held up better, with the MASI Mid and Small Cap edging up 0.04% to 1,749.04 points, while Ciments du Maroc surged 10.3% despite the broader decline, according to analyst notes. On the corporate front, Taqa Morocco has launched a strategic reorganization and will shift to a holding structure, according to Medias24, while COSUMAR secured MSI 20000 international financial certification, according to Boursenews.ma. In capital markets, the T2S IPO resulted in 17 shares allocated per subscriber in initial notices, Boursenews.ma reported, and Akdital became Morocco's first private healthcare group with integrated ISO certification, according to Finances News Hebdo.
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