Stocks Market

Casablanca Stock Exchange Holds Steady as MASI Index Mirrors Flat Trend Amid Oil Price Surge

The Casablanca Stock Exchange closed Thursday with the MASI index unchanged at 17,157.76 points, after a brief positive swing during the session. Trading activity remained robust, with total volume exceeding 363 billion Moroccan dirhams, but investors stayed cautious amid soaring global oil prices and limited confidence in the announced release of strategic petroleum reserves. Key movers included CFG Bank, which rose 3.51% on a 97 billion‑dirham turnover, and BMCI, up 3.39%, while Salafin suffered the day’s biggest drop, down nearly 6%. The broader market sentiment was neutral, reflecting a “wait‑and‑see” stance.

March 12th, 2026

2 min read

By boursenews.ma

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Market Overview

The Casablanca Stock Exchange (CSE) ended Thursday’s session with the MASI index unchanged at 17,157.76 points. After a brief rally that pushed the index into positive territory, the market steadied around the flat line as investors weighed global oil price spikes against the recent announcement of a strategic reserve release.

Trading Activity

Liquidity remained strong, with a total traded value of more than 363 billion Moroccan dirhams (MDH). The MASI 20 sub‑index also finished flat at 1,309.89 points, while the overall market capitalization stood at approximately 960 billion MDH.

Top Performers

CFG Bank (CSEMA:CFG) led the volume leader board with 97 MDH exchanged, closing up 3.51% at 212.20 DH.
Marsa Maroc (CSEMA:MRS) posted a modest gain of 0.12%, trading 40 MDH at 753.90 DH.
LafargeHolcim (CSEMA:LAF) moved 30 MDH, ending at 1,760.00 DH.

Notable Gains

BMCI (CSEMA:BMCI) surged 3.39% to 610 DH.
Sothema (CSEMA:SOT) climbed 2.96% to 1,668 DH.

Largest Decline

Salafin (CSEMA:SLF) suffered the steepest drop, slipping 5.98% to 507.70 DH.

Outlook

Despite the volatile backdrop of rising oil prices and geopolitical tensions in the Middle East, the market’s flat close suggests a cautious, wait‑and‑see stance among traders. The announced release of strategic oil reserves has not yet translated into bullish sentiment.