MASI drops 1.42% below 17,500 as Attijariwafa expands in Ghana
The MASI closed down 1.42% at 16,749.18 points on October 8, after a 1.56% drop on October 6, a 0.58% rebound on October 7 and a 0.83% decline on October 5, according to market data, Medias24 and analyst notes. The selloff also hit the MASI 20, down 1.43% to 1,211.93 points, the MASI Mid and Small Cap, off 1.56% at 1,611.63 points, and the MASI ESG, down 1.09% to 1,242.31 points. On the corporate front, Attijariwafa bank acquired 55.22% of Société Générale Ghana, while Fitch said the deal leaves the group's capital buffer intact, according to Aujourd'hui le Maroc and برلمان.كوم. First-half earnings showed mixed trends, with listed banks posting MAD13.35 billion in profit, CMGP Group reporting MAD130 million in attributable net income, Akdital delivering double-digit growth and LafargeHolcim Maroc posting an 8% drop in net profit, according to Medias24, Infomédiaire, LesEco.ma and EcoActu.
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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.