Title: Casablanca Stock Exchange: MASI Falls 1.46% for the Week Led by GAZ Drop (-9.5%)
Weekly Review: A Tough Week for the Casablanca Stock Exchange
The main index of the Casablanca Stock Exchange, the MASI, closed the week from March 2 to March 6, 2026, at 17,097.54 points, showing a weekly decline of 1.46%. This negative performance deepens its drop since the beginning of the year to -9.28%, reflecting an overall cautious market atmosphere.
Market Context: A Broad Downward Trend
Weakness was widespread across the indices. The MASI 20, the blue-chip index, was particularly affected with a drop of 1.30% for the week, bringing its annual performance to a significant decline of -12.56%. The MASI Mid and Small Cap index also fell by 2.14% (YTD: -4.97%), while the MASI ESG index lost 0.90% (YTD: -6.51%). Market breadth confirms this downward trend, with only 20 stocks advancing against 46 declining and 4 stable among the 70 listed securities.
Main Event: The Cement Sector Under Pressure
The publication on March 5 of sector figures for cement deliveries heavily weighed on the mood. According to official data, deliveries fell by 15.8% to reach 2.092 million tons by the end of February 2026. This significant contraction immediately impacted sector stocks, contributing to the overall weakness of the index. This decline reflects a persistent slowdown in the construction sector, an important pillar of the Moroccan economy.