The Casablanca Inventory Alternate adopts a brand new index identify

The Casablanca Inventory Alternate on Tuesday started adopting a brand new standardized identify for the indices underneath the signature “Masi”.

Introduced throughout a press convention held with reference to “new indices of the Casablanca Inventory Alternate”, this strategy consists of adopting a single and standardized reference technique, on this case the Masi signature, acknowledged because the benchmark of the Moroccan inventory market and having fun with nice recognition.

All indexes now have “masi. because the fastened first a part of their identify, adopted by a reference to every index because the second a part of the identify. Thus, “Morocco Inventory Index 20” turns into “masi.20”, “Casablanca ESG 10” turns into “masi.esg”, and the sector indices that measure the efficiency of every listed sector develop into “masi.transport”, “ masi .well being ”, “masi.leisure and inns”, and so forth. Inventory market indices, designed to replicate market tendencies and function barometers and benchmarks for portfolio managers, are vital instruments to assist the event and liquidity of any inventory market.

To this finish, in addition to to assist the financing of nationwide corporations and to combine new worldwide tendencies, the Casablanca Inventory Alternate revised the index vary.

This undertaking was carried out in partnership with the Scientific Committee on Indices, drawing inspiration from worldwide greatest practices, in shut collaboration with market professionals and numerous stakeholders. This alteration led to a few principal developments: the consolidation of all indices of the Casablanca Inventory Alternate underneath the signature “Masi”, the enlargement of the vary by way of the adoption of a brand new index for small and mid-caps, and the enlargement of the Casablanca Inventory Alternate. ESG index of 10 to fifteen shares.