The Casablanca Stock Exchange intensified its losses on September 29, 2025, following protests in several cities over the weekend. The MASI index, which had already been in a profit-taking phase for four sessions, accelerated its decline, closing down 1.88%.
Risk aversion was notably evident among large-cap stocks, particularly in the construction and banking sectors, leading to significant outflows. The index finished at its session low of 18,980 points, resting on a support zone defined by last July's peaks and a 100-day moving average.
In terms of trading volume, TGCC led the exchanges, generating 155 million dirhams at a price of 885 dirhams, marking a decrease of 2.96%. Jet Contractors recorded transactions worth 75 million dirhams, down 1.31% to 2,403 dirhams, while Attijariwafa Bank fell 1.48% to 751 dirhams, its daily low, on a volume of 70 million dirhams.
The market capitalization settled at 1,002 billion dirhams, a decline of nearly 17 billion dirhams compared to the previous session. Among the top performers, Auto Nejma rose by 5.98% to 2,604 dirhams. Conversely, Snep experienced the largest drop of the session, falling nearly 10% to 564.40 dirhams, while AtlantaSanad decreased by 9.09%, closing at 135 dirhams.
In other news, Morocco's GDP growth outlook according to S&P and its implications for the MASI were discussed, alongside BOA's 16% increase in half-year results driven by core business and market activities. Marsa Maroc reported a 23.4% rise in results for the first half of 2025. For the dividend calendar, click here.
