Casablanca Stock Exchange: MASI Falls Below 17,000 Points, Deepening Annual Losses

Market Overview

The Casablanca Stock Exchange is struggling to find a stable footing as it experiences a significant decline. Following a sharp drop, the market continues to slide amidst persistent geopolitical tensions in the Middle East.

Current Index Performance

As of 11 AM, the MASI index has plummeted by 3.15%, settling at 16,829 points. This marks a return to levels not seen since April 2025.

Year-to-Date Losses

Since the beginning of the year, the index has recorded a decline exceeding 10%, effectively wiping out several months of gains.

Market Activity

Trading volumes have reached 156 million dirhams, indicating a market where sellers are firmly in control.

Outlook

The situation remains fluid, and market participants are advised to monitor developments closely.