New yearly low for MASI

The Masi index registered a third consecutive session of decline on Friday, ending below a major support at 11,550 points following having lost 0.99% in session.

Investors’ fears have been exacerbated since Wednesday, the day following the announcement of a budget extension of 12 billion dirhams by the government to deal with inflation, thus ending a fragile rebound that lasted a week.

The volume is important and exceeds 226 MDH on the central market.

It is the banking sector which is experiencing the most significant releases, followed by the construction industry.

The Masi now shows a loss of 14.34% since January 1, 2022.

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