SMI emerged as one of the most aggressive movers on the Casablanca Stock Exchange on Wednesday, April 8, 2026, rising 7.6% to MAD 7,566 after a 15.6% gain over the last 5 sessions. The move matters because it coincided with a sharp repricing in precious metals, with gold up 2.7% at $4,784.7, giving mining names fresh momentum even as valuations already look stretched.
The broader backdrop was strongly supportive across the Morocco stock market. The MASI index climbed 4.09% to 18,102.52, the MASI 20 added 4.41% to 1,358.29, and the MASI Mid and Small Cap rose 3.68% to 1,862.82. Market breadth was decisively positive, with 55 stocks up, 9 down, and 16 unchanged out of 80 listed names. That tells investors SMI’s rally was not happening in isolation; it was part of a broad-based risk-on session in Casablanca.
Key figures
- SMI: +15.6% over 5 sessions, closing at MAD 7,566
- SMI: +7.6% on April 8, 2026
- MASI: +4.09% at 18,102.52