Akdital Exceeds 4.4 Billion Dirhams and Launches International Expansion

MASI falls 0.28% as AMMC wants 20% limit for newly listed shares

The MASI closed down 0.28% at 18,049.47 points on June 25, while the MASI 20 slipped 0.12% to 1,332.66 points and the MASI ESG lost 0.45% to 1,275.7 points; only the MASI Mid and Small Cap index edged up 0.03% to 1,828.39 points. Against that backdrop, Sanlam Maroc jumped 8.1% despite the broader decline, according to June 25 analyst notes, after gains of 5.3% for Lesieur and Auto Hall on June 24 and 3.6% for MDP on June 23. On the regulatory side, the AMMC wants newly listed shares to be allowed to move by as much as 20% in their first trading days, according to Medias24. In corporate news, OCP finalized a 5 billion dirham hybrid bond issue, Attijariwafa bank went ex-dividend and injected 100 million dirhams into Bank Assafa, while CMGP Group finalized the acquisition of CPCM, according to Medias24, L'Economiste, Le Desk and AgriMaroc.

Casablanca Stock Exchange — Sanlam Maroc Jumps 8.1% Even as MASI Slips 0.28%

Sanlam Maroc posted the day’s strongest gain at MAD 2,990 even as the MASI fell 0.28%. Brent at $75.02 and a weaker dirham against the dollar helped revive interest in energy-linked and real-asset plays.

Bourse : les nouvelles actions pourront varier jusqu’à 20%, l’AMMC veut débloquer les premiers jours de cotation - Medias24

Bourse : les nouvelles actions pourront varier jusqu’à 20%, l’AMMC veut débloquer les premiers jours de cotation  Medias24