Stocks Market
Casablanca Stock Exchange stalls after intraday high, MASI falls 0.35%
The Casablanca Stock Exchange opened strong, pushing the MASI index to a new intraday peak of 18,738.44 points. However, the rally fizzled out and the benchmark slipped 0.35% to close at 18,630.92 points. Trading volume remained modest at MAD 172 million, with Managem leading the deals, while Sothema posted a notable 8.24% jump following its five‑for‑one stock split. Overall market sentiment was cautious, and the MASI‑20 sub‑index also dipped 0.30% to 1,360.14 points.
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The Casablanca Stock Exchange opened the morning with a strong upward thrust, pushing the flagship MASI index to an intraday high of 18,738.44 points. The momentum could not be sustained, and the index slipped throughout the session, ending the day down 0.35% at 18,630.92 points.
Key market figures
- MASI‑20 (the 20 most liquid stocks) fell 0.30% to 1,360.14 points.
- Total turnover was modest, with a combined volume of MAD 172 million.
- Managem led the trade flow, accounting for nearly MAD 27 million of volume, though its share price slipped 2.07% to MAD 1,361.20.
- Attijariwafa Bank and LabelVie were also active, with daily volumes of MAD 19.9 million and MAD 19.4 million respectively.
- Sothema stood out, rallying 8.24% to MAD 368 after its five‑for‑one stock split took effect on May 5, 2026. The split is intended to boost liquidity and widen access for retail investors, raising the number of shares in circulation to over 38 million.
Despite the brief rally, the overall market sentiment remained cautious, and the MASI‑20 sub‑index mirrored the broader decline.