MASI rises 0.63% as energy and Cosumar plans set the tone

The MASI rose 0.63% to 19,160.13 points on April 21, while the MASI 20 added 0.44% to 1,409.64 points, according to market data. The broader tone was positive, with the MASI ESG up 0.79% at 1,353.69 points and the MASI Mid and Small Cap index up 0.42% at 1,958.43 points, as Marsa Maroc drew MAD 43.3 million, according to an April 21 analyst note. In stocks, Cosumar dominated the news flow with output of 281,000 tonnes of sugar and MAD 500 million in investment, including a liquid CO2 project, while its results improved, according to EcoActu.ma, Le Desk and La Vie éco. Taqa Morocco, for its part, projected capacity of 8 gigawatts by 2030 with MAD 40 billion earmarked for renewables and natural gas, reports برلمان.كوم, while Akdital opened a new international expansion cycle, according to FNH.ma.