Rabat – After slipping 0.26% in the previous session, the Casablanca Stock Exchange showed little movement at the start of trading today, as the market searched for direction.
The benchmark MASI was almost flat in early dealings, rising just 0.01% to 18,654.06 points. The move suggests a pause rather than a clear rebound, with investors appearing cautious after Monday’s decline.
The MASI 20, which tracks the most actively traded stocks, gained 0.14% to 1,441.25 points.
The MASI ESG index, made up of companies with strong environmental, social, and governance ratings, edged down 0.02% to 1,257.14 points. Meanwhile, the index covering small and mid-sized companies advanced 0.13% to 1,895.58 points.
Early trading activity showed gains in several banking and construction-related stocks. Bank of Africa rose 2.25% to MAD 217.8 ($21.78). Crédit du Maroc increased 2.19% to MAD 1,121 ($112.10), while Jet Contractors climbed 2.09% to MAD 2,685 ($268.50). HPS moved up 1.9% to MAD 535 ($53.50), and Ennakl gained 1.68% to MAD 51.35 ($5.14).
At the same time, some stocks came under pressure. Lesieur Cristal fell 4.57% to MAD 334 ($33.40), marking the sharpest early drop. Microdata declined 3.99% to MAD 792 ($79.20). Auto Hall lost 2.9% to MAD 91.95 ($9.20), while Afric Industries slipped 2.16% to MAD 340 ($34.00). Stroc Industrie was down 1.8% at MAD 215.05 ($21.51).
Overall, the market opened with small movements on both sides, following the previous day’s losses. Gains in a few financial and construction stocks were balanced by declines in consumer and technology names, leaving the main index close to where it started.
Read more: Casablanca Stock Exchange Closes Lower as MASI Slips 0.26%
