Stocks Market
Casablanca Exchange MASI Eases –0.22% as Geopolitics & Oil Keep Traders Sidelined
A short-lived morning rebound fizzled on the Casablanca Stock Exchange Thursday, leaving the flagship MASI index down 0.22% at 18,063 points. Renewed doubts over the U.S.–Iran cease-fire and a fresh spike in crude prices curbed risk appetite, while turnover stayed moderate at 305 million dirhams. Year-to-date, the index is now off 4.16%.
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The Casablanca Stock Exchange gave back early gains on Thursday, as investors weighed a fragile Middle-East cease-fire against a renewed uptick in oil prices. By the closing bell, the broad MASI index had slipped 0.22 % to 18 063.02, stretching its 2026 decline to –4.16 %. The large-cap MAS 20 followed suit, easing 0.29 % to 1 354.39.
Market activity
Turnover on the central market totalled 305 million dirhams—a lukewarm reading that underscores the wait-and-see mood. Attijariwafa Bank dominated liquidity, trading 48 MDH while edging down 0.41 % to 703.10 MAD per share. Managem saw 34 MDH change hands and added 1.33 % to 10 850 MAD, while healthcare name Akdital rose 0.86 % on 28 MDH of volume.
Winners & laggards
Delta Holding led the gainers, surging 4.20 % to 62 MAD. SMI climbed 1.97 % to 7 715 MAD. On the downside, Lesieur Cristal tumbled 6.39 % to 391.30 MAD after a broker downgrade. Overall, 18 members of the MASI advanced while 24 declined.
Outlook
With geopolitical headlines likely to drive sentiment in the near term, traders are expected to keep position sizes modest. Market capitalisation closed at 1 020 billion dirhams.