Market Overview
On January 7, 2026, the Casablanca Stock Exchange closed on a subdued note, halting a five-session streak of gains. The benchmark MASI index fell by 0.56%, settling at 19,445.46 points, although it still boasts a year-to-date increase of 3.18%.
Similarly, the MASI 20 index, which tracks the largest market capitalizations, experienced a decline of 0.75%, ending the day at 1,531.62 points.
Market Activity
Trading activity on the central market remained moderate, with total transactions amounting to 496 million dirhams.
SGTM led the trading volume with 177 million dirhams, closing at 929 dirhams after reaching an intraday high of 960 dirhams, despite a decrease of 1.48%.
Attijariwafa Bank also contributed significantly, with 71 million dirhams traded at 755.20 dirhams, down by 0.24%. Managem rounded out the top three with 24 million dirhams exchanged at 7,050 dirhams, reflecting a gain of 0.71%.
Market Capitalization
The overall market capitalization decreased to 1,073 billion dirhams.
Top Performers and Decliners
In terms of stock performance, Salafin saw a notable increase of 6% to 592.10 dirhams, albeit on limited trading volumes.
Conversely, Bank of Africa experienced a significant drop of nearly 5%, closing at 220 dirhams. Cash Plus also fell by 3.13%, ending the day at 308 dirhams.
Additional Market Insights
In bond market news, the Treasury conducted its first issuance of 2026, raising 4.1 billion dirhams, with a slight increase observed in the two-year bonds.
In the Eurozone, inflation appears to be stabilizing around the European Central Bank's target.
Technical analysis suggests that the MASI may be on track to reach new historical highs.
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