Stocks Market
Casablanca Stock Exchange Slides Tuesday as MASI Falls 1.79%
The Casablanca market failed to sustain the upside seen the day before. On Tuesday the MASI index slipped 1.79% to 18,583.39 points, widening its year‑to‑date decline to 1.40%. Trading activity remained thin, with the top losers led by Stokvis and the SMI, while Eqdom posted the strongest gain.
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Morning Overview
The Casablanca Stock Exchange opened on a downtrend on Tuesday, unable to extend the modest rally recorded on Monday. The benchmark MASI slipped 1.79% to close at 18,583.39 points, leaving the index 1.40% below its start‑of‑year level.
Broad‑Market Performance
The MASI‑20, which tracks the most liquid caps, also ended in negative territory, down 1.33% at 1,317.69 points and now down 11.31% YTD.
Trading Volume
Overall turnover remained modest at MAD 334 million. The most actively traded security was CMT, which saw MAD 111 million exchange but fell 5.44% to MAD 5,200.
- Managem: MAD 33 million traded, down 5.51% to MAD 17,100.
- Alliances: MAD 32 million traded, down 4.31% to MAD 373.10.
Top Gainers
- Eqdom: rose 6.00% to MAD 1,414.
- Promopharm: up 5.56% at MAD 1,349.
Top Losers
- Stokvis: dropped 7.70% to MAD 74.30.
- SMI: fell 6.80% to MAD 8,850.
Market Capitalisation
At the close, total market capitalisation slightly retreated to MAD 1.082 trillion.