Market Decline at the Casablanca Stock Exchange
On Tuesday, April 7, 2026, the Casablanca Stock Exchange experienced a downturn, with its primary index, the MASI, falling by 1.18% to close at 17,391.2 points. This negative trend was echoed by the MASI 20 index, which comprises the 20 most liquid stocks, recording a decrease of 0.78% to reach 1,300.88 points. Additionally, the MASI ESG index, which tracks companies rated highly for environmental, social, and governance (ESG) factors according to Moody’s ESG Solutions, dropped by 1.55% to settle at 1,214.1 points. The performance was similarly poor for the MASI Mid and Small Cap index, reflecting the performance of small and medium-sized enterprises, which declined by 1.57% to 1,796.62 points.
Internationally, the FTSE CSE Morocco 15 Index and the FTSE CSE Morocco All-Liquid also concluded the day with losses of 1.12% and 1.24%, respectively, closing at 16,314.21 points and 14,873.27 points. Sector-wise, the most significant declines were observed in the 'Mines' sector, which plummeted by 5.12%, followed by 'Materials, Software, and Computer Services' with a 2.81% drop, and 'Finance and Other Financial Activities' down by 2.07%. Conversely, a few sectors exhibited resilience, with 'Holdings' gaining 4.61%, 'Forestry and Paper' up by 3.65%, and 'Oil and Gas' increasing by 1.69%.
Trading volumes were substantial, reaching over 386.73 million dirhams, predominantly within the central market, with notable transactions in CMT (92.21 MDH), Vicenne (56.36 MDH), and Attijariwafa Bank (41.13 MDH). The total market capitalization was reported at over 982.68 billion dirhams. Among individual stocks, SMI suffered the most significant losses, plummeting by 8.69% to 7,031 DH, followed by Managem, which declined by 5.26% to 10,180 DH, and IB Maroc.com, down by 5.25% to 58.65 DH. On the other hand, Delta Holding stood out with a 4.65% gain, reaching 55.99 DH, along with Med Paper and Afriquia Gaz, which recorded increases of 3.65% and 2.43%, respectively.
As reported by fr.hespress.com.
