Casablanca Stock Exchange — Managem Slips 2.4% Despite MAD 25.6m Turnover After Split Move

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.

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.

Casablanca Stock Exchange — IBC Jumps 9.2% as Mid-Caps Reignite, MASI Adds 0.38%

IBC posted the day’s strongest gain, rising 9.2% to MAD 58.99 as Casablanca mid-caps outperformed. The MASI added 0.38% and the MASI Mid and Small Cap index rose 0.48%, with 38 advancers across the market.