
Port of Casablanca: Marsa Maroc Strengthens Its Multipurpose Terminal Capacity
Marsa Maroc enhances the capacity of its multipurpose terminal at the Port of Casablanca.
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MASI falls 0.83% as Label Vie and SMI post double-digit growth
The MASI fell 0.83% to 18,113.11 points on May 20, while the MASI 20 dropped 1.08% to 1,306.24 and the MASI Mid and Small Cap index lost 0.94% to 1,864.77. On the corporate front, Label Vie posted first-quarter 2026 revenue of 4.18 billion dirhams, up 15.9% at end-March, according to Le Matin.ma, Medias24 and L'Economiste. SMI reported a 36% jump in first-quarter revenue, driven by soaring silver prices, according to Medias24. Some stocks outperformed the weaker market, with AGM up 5.6% on May 20 after Promopharm gained 5.9% on May 19 and Unimer rose 6% to 167.45 dirhams on May 18, according to Casablanca Stock Exchange notes.
Casablanca Stock Exchange — AGM Jumps 5.6% Even as MASI Falls 0.83%
AGM posted one of the day’s standout gains on the Casablanca Stock Exchange, rising 5.6% to MAD 7,250 in a market dominated by declines. The MASI fell 0.83%, dragged by banks and industrial names, while a handful of mid-caps proved more resilient.
Casablanca slips 1.0% as SMI sales jump 36% and Label Vie rises 15.9%
The MASI fell 1.0% to 18,263.97 points on May 19, while the MASI Mid and Small Cap dropped 1.62% to 1,882.44 and the MASI ESG lost 1.18% to 1,306.78. Among stocks, Promopharm jumped 5.9% on May 19 despite the MASI's 1.0% decline, according to analyst notes, after Unimer rose 6.0% to 167.45 dirhams on May 18. On earnings, Label Vie reported first-quarter revenue of 4.18 billion dirhams, up 15.9% at end-March 2026, according to Le Matin.ma, Medias24 and L'Economiste. SMI, for its part, posted a 36% jump in first-quarter revenue on soaring silver prices, according to Medias24.