Managem delivered the standout move on the Casablanca stock exchange today, surging 10.0% to MAD 16,600 on turnover of MAD 52.1 million, the strongest gain among major Moroccan names. The jump comfortably outpaced the broader MASI index, which rose 2.73% to 18,871.53, as mining stocks led a session that was also supported by cement producers and banks.
The global backdrop mattered. Gold held near record territory at $4,523.2 an ounce, up 0.1% on the day, while platinum added 0.4% to $1,939.7. At the same time, Brent crude fell 3.2% on the session and 9.9% over the week to $100.21 a barrel, as international media pointed to continuing U.S.-Iran peace talks. For Morocco, a net energy importer, lower oil prices improve the macro picture by easing the import bill and potentially reducing cost pressure across domestic sectors. That combination — firmer metals and softer oil — created a particularly supportive setup for Casablanca equities on Monday.
Market context: broad participation across the Morocco stock market
Monday's rally was not confined to one pocket of the market. The MASI 20 gained 2.16% to 1,351.71, although it remains down 9.02% year to date. The MASI ESG climbed 4.19% to 1,380.92, taking its 2026 gain to 10.34%, while the index advanced to , up since the start of the year. That mix suggests the move extended beyond a handful of heavyweights and into the broader market.