MASI rises 0.52% as Cosumar targets MAD 3 bln from 63,000 hectares
The MASI closed up 0.52% at 17,041.91 points on Oct. 13, while the MASI 20 added 0.15% to 1,229.78 and the MASI ESG rose 0.83% to 1,263.89. The gain extended a rebound after the 0.94% rise reported on Oct. 12, then driven by LafargeHolcim Maroc's 6.1% jump, and was followed on Oct. 13 by Addoha's 8.3% surge on MAD 7.38 million, according to Casablanca Stock Exchange notes. In corporate news, Cosumar launched sowing on a 63,000-hectare sugar crop program, while more than MAD 3 billion in benefits are expected from the 2026-2027 campaign, according to La Vie éco and Medias24. In healthcare, trading volumes picked up and Akdital drew attention, Telquel.ma reported, while TradingView published an Oct. 11 data point on total debt per share for AKT.
Related stories
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.