Stock Market Update: March 17, 2026
The Casablanca Stock Exchange maintained its upward momentum this Tuesday, following the anticipated decision by Bank Al-Maghrib to keep its key interest rate unchanged at 2.25% for the fourth consecutive time. This move aligns with the central bank's ongoing strategy to stabilize the economy amidst fluctuating market conditions.
At the close of trading, the MASI index recorded an increase of 0.72%, reaching 17,065.20 points, which has slightly improved its year-to-date performance to a decline of 9.45%. Similarly, the MASI 20 index also demonstrated positive movement, rising by 0.76% to settle at 1,304.14 points. This upward trend reflects a cautious optimism among investors as they navigate through current economic challenges.
The total trading volume for the session amounted to 204 million dirhams, with Attijariwafa Bank leading the charge, handling transactions worth 37 million dirhams at a price of 692.00 dirhams per share. Following closely was Bank of Africa, which recorded 30 million dirhams in trades at 212.00 dirhams, and Marsa Maroc, with 24 million dirhams at 755.00 dirhams. The diverse performance across these financial institutions indicates a robust trading environment.
In terms of standout performances, S2M emerged as a notable winner, achieving a remarkable gain of 7.19% to reach 550.00 dirhams. Salafin also performed well, climbing 5.97% to 536 dirhams. In contrast, Cosumar faced a downturn, experiencing a decline of 2.56% to settle at 190 dirhams, highlighting the volatility present in certain sectors of the market.
As reported by boursenews.ma.
