Stocks Market
Casablanca Stock Exchange Slides on July 20, MASI Hits Lowest Level Since April 7
The Casablanca Stock Exchange closed lower on July 20, 2026, with the MASI index dropping 0.22% to 17,539.62 points – its lowest value since early April. The broader MASI‑20 also fell, while trading volumes stayed modest and the total market capitalisation slipped just under the 1 trillion‑MAD mark. Key movers included CIH Bank, Attijariwafa Bank and TGCC on the downside, and Sonasid and Jet Contractors posting notable gains.
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Market overview
After trading mostly in green for the majority of the session, the Casablanca Stock Exchange (CSE) closed in the red on July 20, 2026. The MASI index fell 0.22% to 17,539.62 points, marking its lowest level since April 7, 2026 and a 6.93% decline from the start of the year.
The MASI‑20, which tracks the most liquid large‑cap stocks, mirrored the trend, slipping 0.22% to 1,301.16 points and posting a 12.42% under‑performance for the year.
Trading activity
Overall market volume remained modest, with a total of 87 million MAD exchanged on the main market. CIH Bank led the trade flow with 16 million MAD, though its share price dropped 1.84% to 341.10 MAD. Attijariwafa Bank followed with 11 million MAD traded, down 0.13% to 680 MAD, and retained its position as the most‑valued listed company at a market cap of 146 billion MAD, slightly ahead of Managem (143 billion MAD). TGCC closed lower, down 0.82% to 730 MAD on a volume of 9 million MAD.
Top gainers and losers
- Sonasid rose 2.94% to 1,999 MAD.
- Jet Contractors gained 2.90% to 2,058 MAD.
- Sanlam Maroc fell 5.51% to 2,881 MAD.
Market capitalisation
The total market capitalisation slipped back below the 1 trillion‑MAD threshold, ending the day at 999 billion MAD.