MASI rises 0.62% as corporate deal flow accelerates

The MASI closed up 0.62% at 18,892.82 points on May 13, while the MASI ESG rose 1.83% to 1,357.28 and the MASI 20 fell 0.58% to 1,352.58. The move followed a 0.39% MASI decline on May 12, when miners outperformed the broader market as gold hit $4,711, according to a May 13 analyst note. On the corporate front, CMGP Group finalized the acquisition of CPCM on May 11, according to AgriMaroc.ma. In retail, Label’Vie and Retail Holding announced a merger project on May 11, according to L'Economiste, while Jeune Afrique on May 12 described Akdital as a contested giant in Morocco's private healthcare sector.