Wednesday’s session on the Casablanca Stock Exchange delivered a sharp split: Rebab Company jumped 6.0% to 99.1 MAD while the MASI index slipped 0.20% to 18,040.73. The move mattered because it came alongside a 0.51% rise in the MASI Mid and Small Cap to 1,727.35, showing that selective buying in smaller names was strong enough to offset weakness in the market’s heavyweight stocks.
That divergence says a lot about the Casablanca stock exchange today. Buyers were still active, but they were not chasing the benchmark’s largest constituents. Instead, money rotated into more specific mid-cap and small-cap stories, even as the broader tape looked soft. Market breadth was negative, with 24 gainers, 40 losers and 17 unchanged out of 81 listed stocks, yet the session was more differentiated than the headline MASI decline suggests.
Key figures
- REB +6.0% at 99.1 MAD
- MASI -0.20% at 18,040.73
- MASI Mid and Small Cap +0.51% at 1,727.35
- BCP volume: 39.38 million MAD
- Brent at $95.41, down on the day
