MASI gains 2.23% after volatile week
The MASI closed at 16,902.46 points, up 2.23% on March 10, according to market data. This extends a recovery that began after two sessions of decline linked to Middle East tensions, as reported by Medias24. CMGP Group finalized the acquisition of 70% of Sodipire to accelerate its expansion in agricultural machinery, according to LesEco.ma and Medias24. Meanwhile, Nareva and Taqa Morocco are preparing several joint projects in the energy and water sectors, reports Boursenews.
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MASI falls 0.52% as Marsa Maroc wins Jorf Lasfar terminal
The MASI fell 0.52% to 17,788.33 points on July 16, while the MASI 20 lost 0.29% to 1,320.11, the MASI ESG dropped 0.78% to 1,262.81 and the MASI Mid and Small Cap index declined 0.62% to 1,769.99. Marsa Maroc won the concession for oil terminal 8 bis at Jorf Lasfar, according to Medias24, marking the session's main corporate development on July 16. Managem fell 2.4% despite 25.6 million dirhams in turnover after its share split, according to market notes, reversing part of the MASI's 0.38% gain on July 15. Outside the exchange, Attijariwafa Bank's Togolese unit will be led by Adam Moussa Adoum, Afrimag reported on July 15.
Casablanca Stock Exchange — Managem Slips 2.4% Despite MAD 25.6m Turnover After Split Move
Managem drew MAD 25.6m in turnover in Casablanca after announcing a par value split, yet the stock fell 2.4% to MAD 12,300. In a market down 0.52%, the move highlights the gap between improved retail accessibility and profit-taking across Moroccan miners.
MASI rises 0.38% as IBC jumps 9.2% and lifts mid-caps
The MASI rose 0.38% to 17,882.04 points on July 15, after a 0.78% drop flagged on July 13 and a mixed July 14 session with 42 stocks in the red, according to analyst notes. The rebound was led by IBC, up 9.2%, while the MASI Mid and Small Cap index added 0.48% to 1,781.04, according to the July 15 market report. Off the board, Managem took a 60% stake in Senegal's Senala gold project and is preparing a new drilling campaign, according to Medias24, while CMGP Group finalized the acquisition of CPCM, AgriMaroc.ma reported. On financing, West Med Container Terminal secured a 196.7 million euro 15-year loan for the East Terminal at Nador West Med, with BCP, Bank of Africa and Attijariwafa Bank among the lenders, according to Telquel.ma and Le Nouvelliste Maroc, while Cosumar will pay its annual dividend on August 3, 2026, according to Zonebourse.