The sharpest move on the Casablanca stock exchange today came from Ciments du Maroc, which surged 10.3% to MAD 4,799 even as the MASI index fell 0.29% to 17,667.1 points on Thursday, July 23, 2026. With no major regulatory catalyst beyond ATH’s subscription-right theoretical value published on July 22, the session was defined by a split between heavyweights dragging the benchmark lower and selective buying in domestic cyclical names.
That divergence matters because the decline was concentrated in the largest stocks. The MASI 20 dropped 0.43% to 1,305.77 points, taking its year-to-date performance to -12.11%, while the broader MASI Mid and Small Cap edged up 0.04% to 1,749.04 points. In other words, Ciments du Maroc’s rally was not part of a broad market rebound; it was a targeted move into a construction-linked stock while the benchmark remained under pressure.
Key figures
- Ciments du Maroc: +10.3% at MAD 4,799
- MASI: -0.29% at 17,667.1
- MASI 20: -0.43%, YTD -12.11%
- Market breadth: 31 gainers, ,