The sharpest contrast on the Casablanca stock exchange today came from Unimer, which rose 6.0% to MAD 169.55, the session’s top gain, even as the MASI index fell 2.26% to 18,357.76 points. The divergence mattered because it happened in a deeply negative market: only 16 stocks advanced, while 45 declined and 19 were unchanged, underscoring how rare pockets of resilience were on Thursday.
Key figures
- MASI: 18,357.76 points (-2.26%)
- Unimer: MAD 169.55 (+6.0%)
- SMI: MAD 6,976.0 (-10.0%)
- Taqa Morocco: MAD 1,750.0 (-4.8%)
- Attijariwafa Bank: MAD 690.0 (-2.5%) on MAD 19.9 million volume
Market context: broad selling hit heavyweights and miners
The backdrop across the Morocco stock market was decisively risk-off. The MASI 20 dropped 1.84% to 1,338.48 points, taking its year-to-date performance to -9.91%, while the MASI ESG lost to . By contrast, the index fell a milder to and remained up year to date. That relative outperformance in smaller names helps explain why Unimer could rally even as the broader market sold off hard.