MASI falls 0.84% as Managem posts 384% jump in 2025 earnings
The MASI fell 0.84% to 17,443.33 points on March 26, while the MASI 20 dropped 1.49% to 1,327.91 and the MASI ESG lost 0.75% to 1,201.15; only the MASI Mid and Small Cap index rose 0.53% to 1,792.19. Managem led earnings headlines with group net profit above 3 billion dirhams, up 384% in 2025 on the back of new gold and copper mines entering production, according to Boursenews and Le Desk. Akdital reported revenue above 4.4 billion dirhams and launched its international expansion, Finances News Hebdo reported, while the SGTM-TGCC consortium won a 3.7 billion dirham contract for the roofing and facade of the Grand Stade de Benslimane, according to Medias24. On the corporate front, Attijariwafa Bank is exploring an investment in Mistral AI, according to InfoMagazine Maroc, while analyst notes pointed to further 2025 profit growth including HPS at 41%, Ciments du Maroc at 50%, SBM at 59%, Risma at 48% and Zellidja with net profit more than tripling.
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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.