Casablanca Stock Exchange — Managem Draws MAD 7.3m as Gold Holds $4,197 and MASI Falls 0.87%

MASI slips 0.32% after brief move back above 17,000 points

The MASI closed down 0.32% at 16,999.56 points on October 26, after moving back above 17,000 points on October 21, according to Medias24. The MASI 20 and MASI Mid and Small Cap fell 0.53% to 1,235.38 points and 0.42% to 1,625.92 points, while the MASI ESG rose 0.29% to 1,253.53 points. SMO jumped 6% on October 26 even as the benchmark index declined 0.32%, according to an analyst note. On the corporate front, JET ENERGY received approval for its IPO on October 22, according to La Nouvelle Tribune, while LabelVie set the terms of its absorption by Retail Holding on October 20, reports برلمان.كوم, and Attijariwafa bank joined China's CIPS payment system, according to Agence Ecofin and Journal Du Canada.

Casablanca Stock Exchange — SMO Jumps 6% Even as MASI Slips 0.32%

SMO posted the day’s strongest gain, rising 6.0% to 489.0 MAD while the MASI fell 0.32%. The move stood out in a weak market with 45 decliners out of 81 stocks, amid FX pressure and selective rotation into a handful of mid-caps.

MASI rises 0.74% as mid-caps rally and JET ENERGY IPO gets approval

The MASI rose 0.74% to 17,134.15 points on October 22, while the MASI Mid and Small Cap gained 1.12% to 1,629.3 points and the MASI 20 added 0.9% to 1,244.21 points. Maghreb Oxygène jumped 9.8% on October 22, after Cosumar climbed 4.1% on October 21 and Colas Maroc rose 5.5% on October 20, extending a mid-cap rebound even as the MASI remained down 9.8% in 2026, according to analyst reports. On the corporate front, JET ENERGY received approval for its IPO, according to La Nouvelle Tribune, while LabelVie set the terms for its absorption by Retail Holding on October 20, reports برلمان.كوم. In sector news, 3 billion dirhams were committed to the 2026-2027 sugar campaign, according to laquotidienne.ma, and Attijariwafa bank joined China’s CIPS payment system, according to Agence Ecofin.