Stocks Market
Casablanca Stock Exchange Slip: MASI Falls 0.5% on Low Trading Volume
The Casablanca Stock Exchange ended Wednesday’s session with a modest decline. The flagship MASI index slipped 0.53% to 18,121.27 points, wiping out the previous day’s gains and widening its year‑to‑date loss to 3.85%. Trading activity was thin, with only MAD 82 million exchanged, while Mutandis, LabelVie and Marsa Maroc led the volume leaderboard.
Listen to this article
Unlock audio versions of premium articles and more with a Pro subscription.
Market Snapshot
The Casablanca Stock Exchange closed Wednesday's session with mixed results and modest activity. The flagship MASI index slipped 0.53% to 18,121.27 points, erasing the previous day's gains and extending its year‑to‑date decline to 3.85%.
Indices Performance
The MASI‑20, which tracks the top‑cap stocks, fell 0.31% to 1,337.63 points.
Trading Volume
Overall trading remained thin, with total turnover of about MAD 82 million. The most actively traded security was Mutandis, changing hands for MAD 12 million at a price of 238.00 MAD per share (+4.62%). Close behind, LabelVie accounted for another MAD 12 million at 3,622.00 MAD (‑1.58%). Marsa Maroc completed the top‑three with MAD 10.9 million traded at 850.00 MAD (‑0.25%).
Market Capitalisation
At the close, the exchange’s total market value stood at roughly MAD 1.036 trillion.
Top Gainers and Losers
CTM led the gains column, jumping 5.95% to 890 MAD, while Cosumar was the biggest laggard, sliding 5.26% to 195.25 MAD.