The day’s clearest contrast on the Casablanca Stock Exchange today came down to one number: while the MASI index rose 0.19% to 16,998.93 on Thursday, October 15, 2026, HPS fell 2.6% to MAD 506.7, making it one of the sharpest decliners among Moroccan technology names. That divergence matters because it shows a market still willing to support large defensive stocks, but far less forgiving on growth stories as EUR/MAD jumped 3.15% to 10.93 and Brent crude held at $106.01 a barrel.
This was not a broad-based rally. The MASI 20 gained 0.29% to 1,233.74, slightly ahead of the broader market, while the MASI ESG added 0.15% to 1,255.17. By contrast, the MASI Mid and Small Cap index edged up only 0.05% to 1,616.65 and remains down 12.21% year to date, versus -9.8% for the MASI. That gap shows how liquidity on the Morocco stock market is still clustering around a narrow group of names, leaving smaller and more valuation-sensitive stocks exposed.
Key figures
- MASI: 16,998.93 (+0.19%)
- HPS: MAD 506.7 (-2.6%)
- EUR/MAD: 10.93 (+3.15%)