Casablanca Stock Exchange — Mutandis Rises 2.1% as MASI Falls 1.13% in Defensive Rotation

MASI falls 1.14% as HPS and construction weigh despite TAQA and Akdital

The MASI fell 1.14% to 18,190.19 points on September 15, while the MASI 20 lost 0.8% to 1,319.48 and the ESG index dropped 1.66% to 1,345.26. The decline extended a weaker run seen last week, with the market closing in the red on September 10 and posting losses of 1.16% on September 14 and 1.14% on September 15, while Managem, now accounting for 11% of the MASI, concentrated trading, according to Medias24. HPS slid in intraday trade on September 11 but still held gains of more than 16% in 2026, according to Infomédiaire, while construction stocks remained under pressure with SGTM down more than 30% in 2026, Infomédiaire reported. On the corporate side, TAQA Morocco posted a 5.8% rise in first-half net profit attributable to shareholders, according to Medias24, while Mutandis is preparing a 1.7 billion dirham transaction and the acquisition of Enosis, owner of Mio and Zen, industries.ma and Consonews reported, and Akdital launched an academy after announcing $1.4 billion in investments in Saudi Arabia, according to Telquel.ma, Le360 and lareleve.ma.

Casablanca Stock Exchange — SBM and Maghreb Oxygène Rise 1.8% as MASI Falls 1.14%

On Casablanca stock exchange today, SBM and Maghreb Oxygène gained 1.8% on Tuesday, September 15, 2026, even as the MASI fell 1.14%. With oil and the dollar rising sharply, investors rotated toward defensive names.

Casablanca Stock Exchange — NEJ and REB Jump 6% Even as MASI Slides 1.16%

NEJ and REB posted the session’s strongest gains at 6.0% each, defying a 1.16% drop in the MASI. In a broadly negative market, those isolated rallies stood out against pressure on large caps.