A single number defined trading on the Casablanca stock exchange today: Oulmès surged 4.9% to MAD 1,235, the best performance of the Thursday, April 23, 2026 session, even as the MASI index slipped 0.10% to 19,138.85. In a market split between 26 gainers, 31 decliners, and 23 unchanged stocks, the move stood out as a clear stock-specific breakout rather than a broad-based rally.
That divergence matters because it came against a tougher macro backdrop. Brent crude rose to $103.25 a barrel, up 1.3% on the day and 8.1% over the week, while EUR/MAD climbed 2.84% to 10.828. For Morocco, a net energy importer, that combination raises both the oil import bill and the local-currency cost of euro-denominated inputs. That helps explain why several consumer, industrial and energy names struggled even as selected mid-caps found support.
Key figures
- Oulmès +4.9% at MAD 1,235
- MASI -0.10% at 19,138.85
- Brent at $103.25/bbl, up 8.1% on the week
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