What is the MASI index?
It's the Moroccan All Shares Index - a stock index that tracks the performance of all the companies listed in the Casablanca Stock Exchange. It's one of two main indices there - the other is MADEX (Moroccan Most Active Share Index).
Where have you heard about the MASI index?
The MASI index isn't widely followed or reported in the European or North American business press, but you can find out about movements on specialist news sites such as Morocco World News.
What you need to know about the MASI index.
The MASI and MADEX indices were both first published in 2002 with a base of 1,000. By the autumn of 2016 MASI was hovering around the 10,000 mark, and in mid-2017 it stood at over 12,000.
In 2004 the Casablanca Stock Exchange changed the method for calculating their indices, based on the idea of floating, to better match the stock position of a company and their position in the index. MASI is now often referred to as MASI Float or the MASI Free Float Index.