VOL. XLIII

No. 21

22-May-2000

MOROCCO

Sector Performance Mixed On Casablanca Stock Exchange In 1Q 2000

While the Casablanca Stock Exchange moved 5% lower in 1Q 2000, individual sector performance varied throughout the period, with the capital goods and consumer cyclicals sectors outperforming the CFG-25 Index, according to Casablanca Financial Intermediation (CFI). The capital goods sector rose by 15.8%, due primarily to the 25.6% increase in the value of the telecom company Alcatel Marocs share...