Casablanca Stock Exchange Experiences Negative Close
The Casablanca Stock Exchange faced a downturn on October 28, 2026, with its primary index, the MASI, falling by 0.55% to settle at 16,926.61 points. This decline reflects a broader trend affecting the market, as several other indices also reported losses. The MASI 20, which tracks the 20 most liquid stocks, decreased by 0.64% to 1,226.02 points, while the MASI ESG, which includes companies with the highest ESG ratings according to Moody’s ESG Solutions, dropped by 0.52% to 1,256.44 points. Additionally, the MASI Mid and Small Cap index, reflecting the performance of smaller listed companies, lost 0.5% to close at 1,611.52 points.
Sector-wise, the market showed considerable volatility, with the "Beverages" sector experiencing the most significant decline at -6.59%. Other notable drops were in the "Transport Services" sector, which fell by 2.97%, and the "Health" sector, down by 2.53%. Conversely, certain sectors showed resilience, with "Pharmaceutical Industry" stocks rising by 2.75%, followed by "Holding Companies" at +1.82% and "Insurance" companies gaining 1.73%.
Trading activity was robust, with the total volume of transactions exceeding 128.46 million dirhams, predominantly within the central equity market. Key transactions included Wafa Assurance, which accounted for 36.05 million dirhams, Attijariwafa Bank with 17.6 million dirhams, and TGCC with 8.88 million dirhams.
The total market capitalization stood at an impressive 997 billion dirhams. Individual stock performances varied significantly; Sonasid led the gains with a rise of 3.66% to 1,700 dirhams, followed closely by HPS at +3.32% to 535.9 dirhams, and Sothema at +2.98% to 308.95 dirhams. On the other hand, the shares of Société des Boissons du Maroc plummeted by 8.48% to 1,900 dirhams, while M2M Group saw a decrease of 7.59% to 365 dirhams, marking some of the largest losses for the day.
As reported by fr.hespress.com.
