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Coronavirus : Casablanca Stock Exchange falls sharply in Q1-2020

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The Casablanca Stock Exchange fell sharply during the first three months of the year, hit hard by the Covid-19 health crisis, like the international financial markets.

The Casablanca stock market started the year in good shape, its star index, the Masi, reached a high of 12,633.57 points on January 22nd and closed the first month of 2020 with a net increase of 2.96%. However, the BVC, caught up by coronavirus-related psychosis, collapsed in March. Its two main indices, Masi and Madex, fell back to 9,704.85 and 7,876.80 points respectively, recording decreases of 20.85% and 21.26% respectively.

Over the year, these two barometers posted underperformances of -20.27% and -20.59% respectively. In value, the capitalization of MAD 123.67 billion went up in smoke within three months.

Regarding international indices, the FTSE CSE Morocco 15 fell by 21.09% to 8,551.88 points, and the FTSE Morocco All-Liquid dropped 21.40% to 8,259.42 points.

The Environment, Social and Governance (ESG) Casablanca ESG 10 benchmark index in turn dropped 22.11% to 742.34 points.

In terms of sector variations, no sector out of the 24 listed has managed to escape the downturn. The biggest decline was in Leisure and Hotels (-42.32%), one of the sectors most affected by the coronavirus crisis. Similarly, the Real Estate Participation and Development sector fell by 42.19%, while the Engineering and Industrial Capital Goods sector lost 41.86%.

The mining sector, for its part, recorded a sharp decline of 34.28%, due in particular to the downturns at Managem (-44.82%) and Minière Touissit (-33.05%). SMI and Rebab Company, on the other hand, limited their losses to -4.34% and -5.79% respectively.

Banks (-22.62%) also suffered considerably in the first quarter of 2020, with falls of -25.47% for Attijariwafa Bank, -22.16% for BCP, -18.75% for Bank Of africa, -17.76% for BMCI, -15.38% for CIH and -13.93% for CDM.

Coronavirus cases
550 046 946
Confirmed Covid-19 cases
6 340 166
total deaths
530 897 048
total recovered
66.7%
de la population mondiale vaccinée
 
Cases
Deaths
USA
87 886 589
1 017 915
India
43 531 650
525 242
Brazil
32 535 923
672 033
France
31 653 749
150 765
Germany
28 542 484
141 397
United Kingdom
22 941 382
181 093
Italy
18 805 756
168 604
Korea, South
18 413 997
24 576
Russia
18 173 480
373 595
Turkey
15 180 444
99 057
Spain
12 818 184
108 111
Vietnam
10 749 324
43 088
Japan
9 405 007
31 328
Argentina
9 394 326
129 109
Netherlands
8 310 449
23 007
Australia
8 291 399
10 085
Iran
7 240 564
141 404
Colombia
6 175 181
140 070
Indonesia
6 095 351
156 758
Mexico
6 093 835
325 793
Poland
6 016 526
116 435
Portugal
5 171 236
24 149
Ukraine
5 040 518
112 459
Malaysia
4 575 809
35 784
Thailand
4 534 017
30 736
Austria
4 499 570
20 068
Israel
4 391 275
10 984
Belgium
4 265 296
31 952
Chile
4 030 267
58 617
South Africa
3 995 291
101 812
Canada
3 958 155
42 001
Czechia
3 936 870
40 324
Taiwan*
3 893 643
7 025
Switzerland
3 759 730
13 833
Greece
3 729 199
30 327
Philippines
3 709 386
60 602
Peru
3 640 061
213 579
Denmark
3 224 120
6 536
Romania
2 927 187
65 755
Slovakia
2 551 116
20 147
Sweden
2 519 199
19 124
Iraq
2 359 755
25 247
China
2 144 566
14 633
Serbia
2 033 180
16 132
Bangladesh
1 980 974
29 174
Hungary
1 928 125
46 647
Jordanie
1 700 526
14 068
Georgia
1 660 429
16 841
Ireland
1 600 614
7 499
Pakistan
1 539 275
30 403
Singapore
1 473 180
1 419
Norway
1 448 679
3 337
Kazakhstan
1 396 425
19 018
New Zealand
1 380 309
1 535
Morocco
1 226 246
16 120
Bulgaria
1 174 216
37 260
Lithuania
1 162 184
9 175
Croatia
1 151 523
16 082
Finland
1 145 610
4 875
Lebanon
1 116 798
10 469
Cuba
1 106 167
8 529
Tunisia
1 052 180
28 691
Slovenia
1 041 426
6 655
Belarus
982 867
6 978
Nepal
979 835
11 952
Uruguay
957 629
7 331
United Arab Emirates
952 960
2 319
Bolivia
931 955
21 958
Mongolia
928 981
2 179
Panama
925 254
8 373
Guatemala
921 146
18 616
Ecuador
913 798
35 745
Costa Rica
904 934
8 525
Latvia
837 182
5 860
Saudi Arabia
797 374
9 211
Azerbaijan
793 388
9 717
Sri Lanka
664 181
16 522
West Bank and Gaza
662 490
5 662
Paraguay
660 841
18 994
Kuwait
644 451
2 555
Bahrain
631 562
1 495
Burma
613 659
19 434
Dominican Republic
611 581
4 383
Estonia
580 114
2 591
Venezuela
527 074
5 735
Moldova
520 321
11 567
Egypt
515 645
24 723
Cyprus
515 596
1 075
Libya
502 189
6 430
Ethiopia
489 502
7 542
Honduras
427 718
10 906
Armenia
423 417
8 629
Oman
390 244
4 628
Qatar
385 163
679
Bosnia and Herzegovina
379 041
15 807
Kenya
334 551
5 656
Zambia
326 259
4 007
Botswana
322 769
2 750
North Macedonia
314 501
9 327
Albania
282 690
3 502
Algeria
266 173
6 875
Luxembourg
265 323
1 094
Nigeria
257 637
3 144
Zimbabwe
255 726
5 558
Montenegro
241 190
2 729
Uzbekistan
241 122
1 637
Mauritius
231 036
1 004
Kosovo
229 841
3 140
Mozambique
228 226
2 212
Laos
210 313
757
Kyrgyzstan
201 101
2 991
Iceland
195 259
179
Afghanistan
182 793
7 725
Maldives
182 720
306
El Salvador
169 646
4 150
Namibia
169 247
4 065
Uganda
167 979
3 621
Brunei Darussalam
167 669
225
Trinidad and Tobago
167 495
4 013
Ghana
166 546
1 452
Jamaica
143 347
3 144
Cambodia
136 296
3 056
Rwanda
131 270
1 460
Cameroon
120 068
1 931
Malta
105 407
748
Angola
101 320
1 900
Congo (Kinshasa)
91 393
1 375
Malawi
86 600
2 646
Senegal
86 382
1 968
Barbados
84 919
477
Cote d'Ivoire
83 679
805
Suriname
80 864
1 369
Eswatini
73 148
1 416
Guyana
67 657
1 256
Fiji
65 889
866
Madagascar
65 787
1 401
Belize
64 371
680
Sudan
62 696
4 952
Cabo Verde
61 105
405
Mauritania
60 368
984
Bhutan
59 824
21
Syria
55 934
3 150
Gabon
47 939
305
Seychelles
44 847
167
Papua New Guinea
44 728
662
Andorra
44 177
153
Burundi
42 731
38
Togo
37 482
275
Guinea-Bissau
37 123
443
Bahamas
36 101
820
Tanzania
35 768
841
Lesotho
33 938
699
Haiti
31 677
837
Mali
31 176
737
Benin
27 216
163
Saint Lucia
27 094
383
Somalia
26 803
1 361
Congo (Brazzaville)
24 128
385
Timor-Leste
22 959
133
Solomon Islands
21 544
153
Burkina Faso
21 044
387
Grenada
18 376
232
San Marino
18 236
115
Liechtenstein
17 935
85
Tajikistan
17 786
125
South Sudan
17 722
138
Equatorial Guinea
16 114
183
Djibouti
15 690
189
Samoa
14 995
29
Dominican Republic
14 852
68
Nicaragua
14 690
242
Central African Republic
14 649
113
Monaco
13 100
59
Tonga
12 301
12
Gambia
12 002
365
Yemen
11 832
2 149
Vanuatu
11 389
14
Eritrea
9 805
103
Saint Vincent and the Grenadines
9 058
114
Niger
9 031
310
Antigua and Barbuda
8 665
141
Guinea-Bissau
8 369
171
Comoros
8 161
160
Sierra Leone
7 704
125
Liberia
7 497
294
Chad
7 426
193
Saint Kitts and Nevis
6 157
43
Sao Tome and Principe
6 064
74
Palau
5 237
6
Kiribati
3 236
13
Summer Olympics 2020
865
0
Diamond Princess
712
13
Winter Olympics 2022
535
0
Micronesia
38
0
Marshall Islands
32
0
Holy See
29
0
Antarctica
11
0
MS Zaandam
9
2
Korea, North
1
6
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