Casablanca: MASI rises 0.19% as Cosumar targets MAD390 mln across 63,000 hectares
The MASI rose 0.19% to 16,998.93 points on Oct. 15, after a 0.44% drop on Oct. 14 and a 0.94% gain on Oct. 12, according to market data and analyst notes. The advance was modest, with the MASI 20 up 0.29% at 1,233.74, the MASI ESG up 0.15% at 1,255.17 and the MASI Mid and Small Cap index edging up 0.05% to 1,616.65. In stocks, HPS fell 2.6% on Oct. 15 despite the broader gain, after earlier support from Addoha, which jumped 8.3% on Oct. 13, and LafargeHolcim Maroc, which climbed 6.1% on Oct. 12, according to analyst reports. On the corporate front, Cosumar plans MAD390 million in agricultural and industrial investment for the 2026-2027 sugar campaign, has started sowing across 63,000 hectares of sugar crops and expects more than MAD3 billion in spillover benefits, according to Parlement.kom, La Vie éco and Medias24.
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