Market Overview on September 14, 2026
On September 14, 2026, the Casablanca Stock Exchange experienced a notable downturn, with the MASI index declining by 1.16% to settle at 18,400 points. This decline occurred amid a trading volume of 279 million dirhams, highlighting a tense international environment characterized by a Brent crude oil price exceeding $109, American 10-year yields nearing 5%, and an impending Federal Reserve meeting on Wednesday that may signal a potential interest rate hike. This increased caution comes after a three-week period of consecutive declines, which had been relatively contained to just over 2%.
Index Performance and Market Sentiment
The decline in the MASI index was mirrored across other major indices. The MASI 20 dropped 0.73% to 1,330.14 points, marking an annual performance decrease of 10.47%, while the MASI ESG index fell by 1.08% to 1,368.03 points. Furthermore, the MASI Mid index recorded a contraction of 1.18%, landing at 1,788.02 points. The futures market also reflected this bearish trend, with the September 2026 MASI20 futures contract falling 0.72% to 1,327.70 points, and the December 2026 contract down 0.71% to 1,337.20 points. Contracts maturing in March and June 2027 exhibited similar declines of 0.73% and 0.74%, respectively.
Overall, the central market reported a total transaction amount of 279,136,757 dirhams, while the total market capitalization reached 1,081 billion dirhams. In terms of individual stock performances, NEJ led the session's gains with a 6.00% increase to 5,621.00 dirhams, followed by REB, which rose 5.85% to 103.85 dirhams. Other notable gainers included M2M (+4.33% to 414.55 dirhams), LES (+3.33% to 310.00 dirhams), and ALM (+2.14% to 1,859.00 dirhams). Conversely, the most significant declines were seen in CRS, which plummeted 9.09% to 20.00 dirhams, ARD fell 6.27% to 449.90 dirhams, and SNP decreased by 4.89% to 331.00 dirhams, among others.
As reported by boursenews.ma.