News2026-03-04

MASI Index Surges Over 4% to Reclaim 17,000 Points Amid Market Recovery

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MASI Index Surges Over 4% to Reclaim 17,000 Points Amid Market Recovery

Market Overview

Despite ongoing geopolitical uncertainties in the Middle East, investors are seizing opportunities to buy into major capitalizations, leading to a technical rebound in the MASI index.

In early trading, the MASI index climbed by 4.56%, reaching 17,147 points. This increase helps recover some of the losses sustained earlier in the week when the index had fallen to its lowest levels since April 2025.

Trading Activity

Trading activity has picked up, with 236 million dirhams exchanged on the central market, indicating a resurgence of buyers following a recent wave of sell-offs.

Key Performers

Major capitalizations are leading this recovery. SGTM stands out with 92.5 million dirhams traded, rising by 2.27% to 716 dirhams.

TGCC also saw a significant increase, up 6.35% to 718.9 dirhams on a volume of 31.8 million dirhams, while Attijariwafa Bank gained 4.56%, trading at 711 dirhams with 27.7 million dirhams exchanged.

Broader Market Gains

The rebound is not limited to a few stocks; several other market values are also experiencing gains. Akdital increased by 6.63%, Marsa Maroc by 6.82%, and Alliances by 6.02%.

AtlantaSanad recorded the highest increase among the most active stocks, surging by 9.15%.

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MASI Index Surges Over 4% to Reclaim 17,000 Points Amid Market Recovery