Stocks Market
Casablanca Stock Exchange Slides 2.3% as MASI Hits One‑Week Low
The Casablanca Stock Exchange saw a sharp sell‑off on Thursday, with the benchmark MASI index sliding 2.26% to 18,357.76 points – its lowest level of the session and a 2.59% drop for the year. Trading volume was modest at roughly 225 million MAD, led by Holcim Maroc, Attijariwafa Bank and RDS. While a handful of shares posted gains, mining‑related stocks such as SMI, CMT and Managem suffered double‑digit declines.
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Market Overview
The Casablanca Stock Exchange closed Thursday on a steep decline. The flagship MASI index fell 2.26% to 18,357.76 points, marking both the session’s low and a 2.59% negative performance year‑to‑date. The broader MASI 20 slipped 1.84% to 1,338.48 points.
Trading Activity
Overall trading was relatively muted, with total turnover of roughly 225 million Moroccan dirhams (MAD) on the main market.
- Holcim Maroc led the volume chart with 36 million MAD traded, despite a 2.06% price decline to 1,760 MAD.
- Attijariwafa Bank followed with 19.9 million MAD, down 2.53% to 690 MAD.
- RDS rounded out the top three, moving 15 million MAD and slipping 2.36% to 173.80 MAD.
Top Gainers
- Unimer +5.97% to 169.55 MAD.
- AGMA +5.09% to 7,199 MAD.
- Lesieur Cristal +2.67% to 346 MAD.
Heavy Hitters – Mining Sector
Mining stocks bore the brunt of the sell‑off:
- SMI –9.98% to 6,976 MAD.
- CMT –6.19% to 4,785 MAD.
- Managem –6.05% to 13,905 MAD.
Market Capitalisation
At the close, the total market capitalisation stood at approximately 1.05 trillion MAD.