Casablanca Stock Exchange: MASI Consolidates Recent Records, TGCC Hits New Historic High

The Casablanca Stock Exchange continued its bullish trend at the start of the week, consolidating recent record highs. At Monday’s close, the MASI index rose slightly by 0.04% to reach 19,176.04 points, preserving its new all-time high set on Friday. Its year-to-date performance now stands at +29.80%. The MASI 20, a benchmark for the most liquid large caps, followed suit and reached 1,578.51 points, representing a +32.31% increase YTD. Trading activity remained moderate in the central market with a total volume of 212 million dirhams. TGCC led the transactions, attracting 44 million dirhams and soaring to 1,000 dirhams — a new record high — after hitting an intraday peak of 1,019 dirhams. Akdital and BMCI also confirmed investor interest, mobilizing 25 million and 23 million dirhams respectively. In terms of performance, Vicenne continued its upward trajectory with a near 10% jump to 379.85 dirhams, reflecting a +60.95% gain since its IPO. Market capitalization also continued its upward trend, surpassing the 1,010 billion dirham mark.