
Stocks Market
Casablanca Stock Exchange Slips Below 17,600 as MASI Drops 0.87% Amid Broad Selloff
The Casablanca Stock Exchange closed Thursday's session sharply lower, with the benchmark MASI index falling 0.87% to 17,579.17 points, dragged down by widespread selling pressure across the board. The decline deepens the index's year-to-date loss to -6.72%. All major sub-indices followed suit, while market capitalization contracted to MAD 1.03 trillion. Trading volume on the cash market reached MAD 152.5 million. SAH led gainers with a 3.2% rise, while SNA plunged nearly 10% to top the losers list. Futures contracts on the MASI 20 showed mixed but generally positive signals for upcoming expiries.
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Casablanca Market Ends Lower as Broad Selloff Drags MASI Below 17,600
The Casablanca Stock Exchange wrapped up Thursday's trading session on a decisively negative note, with the benchmark MASI index surrendering 0.87% to close at 17,579.17 points. The broad-based decline pulled the index's year-to-date performance deeper into negative territory, now standing at -6.72%.
Sub-Indices Follow Downward Trend
All major sub-indices mirrored the bearish sentiment:
- MASI 20: Dropped 1.08% to 1,270.22 points (-14.50% YTD)
- MASI ESG: Fell 0.98% to 1,301.98 points (+4.03% YTD)
- MASI Mid: Declined 0.64% to 1,717.34 points (-6.74% YTD)
Overall market capitalization contracted to MAD 1,034,258,434,232, while cash market volume reached MAD 152,472,957, executed entirely on the central market. The derivatives market posted a total volume of MAD 6,827,820.
Session Movers: Gainers and Losers
Top Gainers:
- SAH: +3.20% to MAD 3,095.00
- ARD: +2.78% to MAD 440.00
- ATL: +1.92% to MAD 122.30
- MDP: +1.65% to MAD 24.70
- AFI: +1.51% to MAD 333.00
Top Losers:
- SNA: -9.98% to MAD 51.31
- S2M: -7.41% to MAD 500.00
- RDS: -6.43% to MAD 160.00
- DWY: -5.70% to MAD 726.10
- BAL: -5.53% to MAD 188.00
Derivatives Market Activity
The futures segment recorded MAD 6,827,820 in volume across the following MASI 20 contracts:
- MASI20 FUTURE SEP26: 1,275.70 points (+1.93%)
- MASI20 FUTURE DEC26: 1,284.80 points (+0.34%)
- MASI20 FUTURE MAR27: 1,285.60 points (+1.17%)
- MASI20 FUTURE JUI27: 1,286.40 points (+2.01%)
Despite the spot market weakness, futures prices suggest some optimism for forward expiries, with all contracts trading above the current spot level of the MASI 20 index.