CMGP Group Officially Acquires 70% of SODIPIRE

MASI falls 0.66% as Auto Nejma jumps 6% and corporate news flow builds

The MASI fell 0.66% to 18,505.63 points on June 9, after a 0.59% gain a day earlier, while the MASI 20 lost 0.5% to 1,323.77 and the MASI ESG dropped 0.92% to 1,353.81. Auto Nejma jumped 6% despite the broader decline, according to Bourse de Casablanca, as the Mid and Small Cap index slipped 0.46% to 1,849.52 after a 0.63% drop flagged the previous day. In corporate news, BCP said a 174.5 million euro settlement closes proceedings in Belgium against its BCDM unit, according to Medias24. Separately, the AMMC approved the information notice for Cosumar's share buyback program, according to Telquel.ma, while CMGP Group finalized the acquisition of CPCM, AgriMaroc reported.

Casablanca Stock Exchange — Auto Nejma Jumps 6% Even as MASI Falls 0.66%

Auto Nejma posted the day’s strongest gain, rising 6% to MAD 4,834 while the MASI slipped 0.66%. The move stood out in a session marked by 41 decliners out of 80 stocks, as lower oil prices and rotation out of large caps shaped trading.

CMGP Group Finalizes Acquisition of CPCM

CMGP Group finalise l’acquisition de CPCM  AgriMaroc