Managem jumps 9.5% as Casablanca's MASI rises 0.75%
The MASI rose 0.75% to 17,875.62 points on July 27, while the MASI ESG gained 1.46% to 1,284.87 and the MASI 20 slipped 0.27% to 1,313.66. Managem jumped 9.5% after its share split, according to Boursenews, extending momentum after it formally took control of the Tendrara gas concession following the purchase of Sound Energy's remaining stake for $57 million, according to Challenge.ma and MSN. T2S also climbed 20%, according to an analyst report, after its IPO allocated 17 shares per subscriber, according to Boursenews. In the background, Taqa Morocco launched a strategic reorganization to become a holding company, according to Medias24, while HPS announced 2 mega-contracts in Asia worth several tens of millions of dollars, MSN reported.
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