Casablanca Stock Market Experiences Decline
On Thursday, July 16, 2026, the Casablanca Stock Exchange closed in the red, with its main index, the MASI, dropping by 0.52% to settle at 17,788.33 points. This downturn is indicative of the ongoing fluctuations in the Moroccan stock market, reflecting various economic pressures. Alongside the MASI, the MASI 20 index, which tracks the 20 most liquid stocks, decreased by 0.29% to reach 1,320.11 points. Furthermore, the MASI ESG index—representing companies rated highest in environmental, social, and governance criteria by Moody's ESG Solutions—also fell by 0.78%, closing at 1,262.81 points.
Additionally, the MASI Mid and Small Cap index, which reflects the performance of small and medium-sized listed companies, experienced a decline of 0.62%, landing at 1,769.99 points. On the international front, the FTSE CSE Morocco 15 Index and the FTSE CSE Morocco All-Liquid Index recorded losses of 0.59% and 0.65%, respectively, closing at 17,051.3 points and 15,299.74 points. Such declines in these indices suggest a wider trend of decreased investor confidence and market performance.
Sector Performance and Trading Volume
Sector-wise, the "Mines" index suffered the most significant losses, plummeting by 2.65%. Other underperforming sectors included "Engineering and Industrial Equipment" and "Forestry and Paper," which fell by 1.42% and 1.25%, respectively. Conversely, certain sectors showed resilience amidst the overall downturn, with the "Financial Companies and Other Financial Activities" sector gaining 1.04%. Additionally, the "Building and Construction Materials" and "Real Estate Investment Companies" sectors posted marginal increases of 0.17% and 0.03% respectively, highlighting a mixed performance across different areas of the market.
Trading activity on the Casablanca Stock Exchange surpassed 161.7 million dirhams, primarily concentrated in the central market for equities. The most notable transactions involved companies such as Managem, which accounted for 25.6 million dirhams, followed by Sodep-Marsa Maroc at 23.2 million dirhams, and AFMA at 23.07 million dirhams. The total market capitalization now stands at over 1.017 trillion dirhams, reflecting the significant scale of trading operations.
In terms of individual stock performances, SMI saw the steepest decline, dropping by 4.08% to 5,851 dirhams. Other notable losses were recorded by Rebab Company, down 3.98% to 88.01 dirhams, and Involys, which fell 3.96% to 120.05 dirhams. On the positive side, Salafin surged by 6.26% to reach 458 dirhams, while Lesieur Cristal and Résidences Dar Saada also reported gains, increasing by 2.76% and 2.06% respectively.
As reported by fr.hespress.com.
