MASI falls 1.79% as Cosumar weighs with Q1 revenue down 17.3%

The MASI closed down 1.79% at 18,583.39 points on June 2 after a slight gain a day earlier, while the MASI ESG fell 2.29% to 1,367.77, the MASI 20 lost 1.33% to 1,317.69 and the MASI Mid and Small Cap index dropped 1.47% to 1,881.5, according to market data and after a June 1 uptick reported by Medias24. Cosumar posted consolidated revenue of 2.2 billion dirhams in Q1 2026, down 17.3% year-on-year, with the decline linked to lower prices and weather conditions, according to EcoActu, Le Desk and L'Economiste. Among stocks, EQDOM jumped 6% on June 2 despite the broader decline, after Minière Touissit surged 10% on June 1 in a market that held up despite weakness in heavyweights, according to analyst notes. On the corporate front, Managem consolidated control over the Tendrara gas project, according to LesEco.ma, while Label'Vie is preparing a new bond issue to speed up expansion, Financial Afrik reported, and LafargeHolcim Maroc adopted the corporate name "Holcim Maroc," according to Aujourd'hui le Maroc.