MASI falls 0.53% as Label’Vie-Retail Holding merger leads Casablanca news

The MASI fell 0.53% to 18,850.91 points on May 11, after a weekly gain of 0.16% from May 4 to May 8, while the MASI 20 dropped 0.93% to 1,371.13 and the MASI Mid and Small Cap index slipped 0.16% to 1,981.34, according to market data and an analyst note dated May 8. The day’s decline contrasted with a 6.1% jump in the SMI on 11.9 million dirhams of turnover, with miners outperforming a weaker main market, according to an analyst report dated May 11. In corporate news, Label’Vie is set to be absorbed by Retail Holding in a strategic merger project aimed at creating a listed retail heavyweight, according to Finances News Hebdo, H24info and LesEco.ma. On earnings, Mutandis reported about $42.3 million in consolidated revenue for the first quarter of 2026, down 6% without promotional activity in the United States, according to Financial Afrik, Boursenews and L’Economiste. Akdital also extended its partnership with Accreditation Canada to 14 facilities, while Sothema detailed its decision to split its shares by 5, according to Le Desk and Medias24.