Positive Trends at the Casablanca Stock Exchange

On August 24, 2026, the Casablanca Stock Exchange closed on a positive note, with its main index, the MASI, climbing by 0.69% to reach 19,124.18 points. The MASI 20, which includes the 20 most liquid stocks, also saw a rise, increasing by 0.12% to 1,367.52 points. Additionally, the MASI ESG index, which tracks companies with the best ESG ratings according to Moody's ESG Solutions, recorded a robust growth of 1.47%, landing at 1,434.04 points.

Moreover, the MASI Mid and Small Cap index, reflecting the performance of small and medium-sized companies, rose by 0.59% to 1,817.51 points. This overall upward movement indicates a healthy trading environment characterized by increased investor confidence and market activity.

Sector Performance Highlights

In terms of sector performance, the "Mines" sector led the gains with a remarkable increase of 4.74%, followed by "Telecommunications" with a 1.88% rise and "Oil and Gas" climbing by 1.57%. These sectors demonstrated strong resilience and growth potential, attracting substantial investor interest. Conversely, the "Forestry and Paper" sector experienced the most significant decline, dropping by 3.4%. Other sectors that faced downturns include "Electricity" at -2.15% and "Chemicals" at -1.43%, indicating a more cautious approach from investors in these areas.

The total trading volume exceeded 316.34 million dirhams, predominantly concentrated in the central market, with significant contributions from major players such as Managem (86.04 million dirhams), Attijariwafa Bank (33.15 million dirhams), and Residences Dar Saada (24.56 million dirhams). The total market capitalization reached over 1,132.83 billion dirhams, reflecting the robust health of the financial market.

On an individual stock basis, companies like SMI (+6.01% to 7,103 dirhams), Managem (+5.22% to 1,895 dirhams), and Residences Dar Saada (+5.08% to 186 dirhams) performed exceptionally well, showcasing strong upward momentum. However, some stocks faced challenges, with IB Maroc.com declining by 4.06% to 58.4 dirhams, Med Paper down by 3.4% to 27 dirhams, and Involys falling by 2.27% to 129 dirhams. This mixed performance across different sectors and stocks illustrates the dynamic nature of the market and provides investors with diverse opportunities and challenges.

As reported by fr.hespress.com.