MASI slips 0.2% as small caps outperform with a 0.51% gain
The MASI fell 0.20% to 18,040.73 points on Sept. 23, while the MASI 20 lost 0.46% to 1,305.16 points and the MASI ESG dropped 0.56% to 1,340.95 points. Small and mid caps outperformed, with the MASI Mid and Small Cap index rising 0.51% to 1,727.35 points after REB jumped 6%, according to a Sept. 23 analyst note. On the corporate front, L’Economiste reported that Taqa Morocco is to transfer a 2.7 billion dirham loan to Jorf Lasfar Energy Company 1-4, while Medias24 said OCP raised an additional $149.9 million on its hybrid bond. In earnings and expansion, Le Desk and InfoMagazine Maroc said SGTM’s first-half net profit rose 7.3% despite lower revenue, while Le Desk reported Akdital completed the acquisition of Al Bishri Hospital in Mecca and Le Matin.ma said TGCC is preparing the launch of a 133 million euro hospital complex in Congo.
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MASI falls 0.95% despite Managem’s tenfold first-half profit surge
The MASI fell 0.95% to 17,648.9 points on September 28, while the MASI 20 lost 0.71% to 1,278.67 points and the MASI ESG dropped 1.16% to 1,305.82 points. The mid- and small-cap index also slipped 1.05% to 1,718.27 points, after a 0.69% weekly gain in the September 21-25 period, according to analysts. On the corporate front, Managem posted a tenfold increase in first-half 2026 net profit, reports L’Observateur, while Promopharm issued a profit warning on its half-year results, according to Medias24. In healthcare, T2S Group and Akdital will deploy surgical robots across several facilities in Morocco, reports Le Matin, while DTY jumped 4.3% against a 0.95% decline in the MASI, according to analysts.