Casablanca Stock Exchange Closes Higher as MASI Rises 0.26%

The exchange recorded a market capitalization of more than MAD 1,040.17 billion, as trading activity surpassed MAD 269.37 million.

Casablanca – The Casablanca Stock Exchange closed higher today, with its benchmark MASI index advancing 0.26% to 18,736.57 points.

The MASI 20, which tracks the 20 most liquid stocks, rose 0.22% to 1,449.89 points, while the MASI ESG index, comprising companies with the highest ESG ratings according to Moody’s ESG Solutions, gained 0.47% to 1,265.45 points. In contrast, the MASI Mid and Small Cap index slipped 0.24% to 1,888.15 points.

Internationally oriented indices also finished in positive territory. The FTSE CSE Morocco 15 Index increased 0.4% to 17,285.4 points, and the FTSE CSE Morocco All-Liquid added 0.29% to close at 15,991.38 points.

Trading activity reached more than MAD 269.37 million ($26.94 million), all executed on the central equity market. Transactions were largely driven by Attijariwafa Bank, which accounted for MAD 108.86 million ($10.89 million) in turnover, followed by Managem with MAD 16.59 million ($1.66 million) and Akdital with MAD 14.92 million ($1.49 million). Market capitalization stood at over MAD 1,040.17 billion ($104.02 billion).

On a sectoral level, pharmaceuticals posted the strongest gain, rising 2.18%, followed by mining at 1.26% and real estate investment companies at 1.2%. The steepest declines were recorded in industrial engineering and equipment, down 2.25%, real estate development and promotion, which fell 2%, and forestry and paper, which dropped 1.89%.

Among individual stocks, Afric Industries led the gains, climbing 3.56% to MAD 349 ($34.90). Cartier Saada rose 2.5% to MAD 31.98 ($3.20), while Sothema advanced 2.34% to MAD 1,793 ($179.30). Wafa Assurance gained 2.32% to MAD 5,065 (around $506.50), and Managem added 1.91% to reach MAD 8,000 ($800).

On the downside, Maroc Leasing fell 5.77% to MAD 353.05 ($35.30). M2M Group declined 5.32% to MAD 427 ($42.70), Stokvis Nord Afrique dropped 3.64% to MAD 89.33 ($8.93), Résidences Dar Saada slipped 3.2% to MAD 165 ( $16.50), and IB Maroc.com retreated 2.93% to MAD 66 ($6.60).