On Wednesday, July 22, 2026, SMI delivered one of the clearest moves on the Casablanca market, rising 4.8% to MAD 6,299 in a session that was otherwise far from euphoric. The contrast mattered: the MASI added only 0.23% to 17,717.78 points, while the MASI ESG did better at +0.57% to 1,265.44 points, pointing to selective buying in names seen as either more defensive or better leveraged to the commodity backdrop.
In the Casablanca stock exchange today, the session reflected a Morocco market split between sector support and macro caution. Brent crude climbed to $93.73 a barrel, up 3.0% on the day and 6.4% on the week, while the dirham weakened against the dollar, with USD/MAD at 9.3846, up 3.74%. For Morocco, a net energy importer, that combination raises the import bill and can squeeze margins across fuel-sensitive sectors. That helps explain why the main index rose only modestly despite several sharp stock-specific gains.
Key figures
- SMI: +4.8% at MAD 6,299
- MASI: +0.23% at 17,717.78
- MASI ESG: +0.57% at 1,265.44
- Market breadth:
