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Casablanca Stock Exchange Closes in Green

Casablanca: The MASI 20, which includes the 20 most liquid stocks, rose 0.1 to 1,602.44 points, and the MASI ESG, an index of companies with the best ESG ratings according to Moody’s ESG Solutions, advanced 0.05% to 1,334.36 points.

According to Agence Marocaine De Presse, the stock exchange in Casablanca experienced a positive trading session. The slight increase in both the MASI 20 and MASI ESG indices indicates a steady performance in the market. The MASI 20, which tracks the top 20 liquid stocks, showed a modest climb, reflecting investor confidence in these prominent companies.

On the other hand, the MASI ESG index, which measures the performance of companies with high environmental, social, and governance standards, also witnessed an uptick. This movement suggests that companies with robust ESG criteria are gaining traction among investors, possibly due to growing awareness and demand for sustainable investment options.